Friday, January 02, 2026 | 05:31 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Amazon eyeing prescription drug business -CNBC

Image

Reuters

(Reuters) - Amazon.com Inc is in the final stages of deciding a strategy to get into the prescription drug market, CNBC reported on Friday, citing an email from the company and a source familiar with the matter.

Amazon will decide before Thanksgiving whether to move into selling prescription drugs online, CNBC reported.

Shares of drug retailers including Walgreens Boots Alliance Inc , CVS Health Corp and Rite Aid Corp tumbled on the news. http://cnb.cx/2hTIxvL

(Reporting by Munsif Vengattil in Bengaluru; Editing by Anil D'Silva)

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 07 2017 | 12:48 AM IST

Explore News