Amazon has begun introducing a new service called Amazon Pharmacy, which will allow customers in the United States to order prescription drugs for delivery.
According to Arabianet, Amazon has been quietly developing its pharmacy offerings for several years after intense internal discussions in 2017 and the acquisition of PillPack in 2018. / p>
Amazon pharmacy, announced on Tuesday, is the company's largest payment so far in a market valued at $ 300 billion, as it would pose a threat to the dominance of pharmacies. Traditional brands like CVS and Walgreens, as well as other large retailers that provide pharmacy services, including Walmart.
Pharmacies stocks have declined after the launch of Amazon Pharmacy, as CVS shares fell by 7.5% in Tuesday morning trade, while Walgreens BootsAlliance fell more than 8%. Rite Aid shares fell more than 16%, while GoodRx, which helps consumers find discounts on prescription drugs, fell more than 18%, compared to a rise in Amazon stocks above 1%.
For Amazon, the announcement came at the right time, as Americans are more inclined to get their drugs in the mail to avoid potential exposure to the Coronavirus. This could become a permanent transformation.
and CNBC quoted TJ Parker, vice president of pharmacy at Amazon, who was previously involved in founding PillPack, as saying: Get their medication .. Understand the cost and get the medication home.
added Jamil Ghani, Vice President of Amazon Prime: We believe that this new feature will add tremendous value to our members ... it's important as people look for more comfort and safety in their homes.
The new service for Amazon enables customers over the age of 18 to access pharmacy service this week in 45 US states, and Amazon expects to serve more areas with The passage of time. P>
Amazon Pharmacy accepts most forms of insurance, but can also provide savings services to people who do not have health insurance, as customers can use flexible spending accounts or health savings accounts to buy prescriptions Medical p>
and before customers request the drug for the first time, the site may ask them questions such as women's pregnancies, date of birth, and sex, which are information required by US law and help pharmacists to help. ..