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Amazon shelves plans to sell, distribute drugs to hospitals - CNBC


(Reuters) - com Inc has shelved plans to sell and distribute to hospitals, reported on Monday, citing sources familiar with the matter.

The change in plan comes partly because has not been able to convince big hospitals to change their traditional purchasing process, the report said.

did not immediately respond to Reuters' request for comment.

The report sent shares of U.S. drug distributors including McKesson, and higher on Monday afternoon.

(Reporting by in Bengaluru; Editing by Sai Sachin Ravikumar)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, April 16 2018. 22:55 IST