Nov. 17 (UPI) — Amazon on Tuesday focused the dominance of drug retailer chains with the launch of its on-line pharmacy, which permits customers to finish complete prescription drug transactions with out leaving residence.
Utilizing a safe pharmacy profile, Amazon Pharmacy prospects can enter their insurance coverage data, handle prescriptions and select cost choices on a desktop or cell app earlier than trying out, the tech big mentioned in a launch.
Free two-day supply of drug orders is included with Amazon Prime memberships.
Buyers noticed Amazon’s push into the $300 billion pharmacy market as a possible risk to dominant gamers within the subject akin to CVS and Walgreens — their share costs fell by 7.5% and 10% respectively in pre-market buying and selling Tuesday.
Amazon started constructing its pharmacy operation after buying PillPack two years in the past. PillPack supplied prospects who take a number of day by day drugs supply of pre-sorted dose packaging, together with coordination of refills and renewals.
PillPack co-founder TJ Parker, now an Amazon vice chairman, mentioned the launching of on-line pharmacy is “bringing Amazon’s buyer obsession to an business that may be inconvenient and complicated.
“We work onerous behind the scenes to deal with problems seamlessly so anybody who wants a prescription can perceive their choices, place their order for the bottom accessible value, and have their treatment delivered rapidly,” he mentioned.