Amazon starts selling prescription drugs

 Two-day delivery for Prime members

When Amazon spent $750 million to acquire the online pharmacy PillPack in 2018, it was clear the tech giant had interest in the prescription drug market. Now we know how serious it was.

Amazon will start selling prescription medications on its main Amazon website and app on Tuesday, and will offer two-day delivery of these medications to Prime members for no extra fee. Prime members without prescription drug coverage, or with coverage that isn’t great, can also save up to 80 percent on generic and 40 percent on brand-name drugs when paying out of pocket without insurance. Prices with and without insurance can be compared at checkout.

Prescription drugs are a $500 billion market in the US, with patients spending $67 billion out of pocket at US retail pharmacies in 2019, according to IQVIA, a health data provider. Amazon’s brick-and-mortar retail competitors like Walmart, Target, and Costco all have significant pharmacy presences across their chains of stores, and Amazon wants a piece of that, too. When Amazon executives talk about the desire to sell every genuine product in the world through, it’s now clear that medications aren’t excluded.

Comments are closed.