Dachsie
4th August 2017, 05:42 AM
http://www.dailymail.co.uk/health/article-4727562/Amazon-set-enter-drug-store-market.html
( Also see this 5 minute video by TheHealthRanger
...https://www.youtube.com/watch?v=4R9g1s89rWU... )
Amazon set to enter drug store market, selling prescriptions online or via traditional shops
The online giant could grab as much as $50 billion in prescription sales
Speculation on move after company reportedly hires health tech team
Amazon's partnerships could see it establish a bricks-and-mortar pharmacy
Alternatively Seattle-based firm could sell prescriptions online to consumers
Has already ventured into health care and sells medical supplies online
Its virtual assistant Alexa could be used in medical settings, including in surgery
By Claudia Tanner
Published: 07:34 EDT, 25 July 2017 | Updated: 09:48 EDT, 25 July 2017
E-commerce giant Amazon could soon be entering the multi-billion dollar US pharmacy market.
There is speculation that such a move could see the online retailer selling prescription medicines direct to consumers.
CNBC reported in May that Amazon was hiring a team of staff to prepare to move into the sector.
The report suggests the company could take as much as $50 billion in prescription sales.
Now it has reportedly hired top health technology executive Missy Krasner. Her new official title is currently unknown, but there are rumours she may be appointed to work for its cloud division, Amazon Web Services.
http://i.dailymail.co.uk/i/pix/2017/07/25/10/42AA8B5F00000578-4727562-image-m-25_1500973387453.jpg
Amazon could set to establish bricks-and-mortar pharmacies or sell prescriptions online
+1
Amazon could set to establish bricks-and-mortar pharmacies or sell prescriptions online
The subsidiary's clients include major health names like Bristol-Myers Squibb and healthcare software company Orion Health, according to the business news website.
Amazon has also been selling medical supplies online in the states for some time.
'I would expect a marketplace of sorts for consumers to choose a doctor or service, and schedule it,' Tom Rodgers, managing director of McKesson Ventures, a medical distribution giant told CNBC.
'I wouldn't be surprised to see them partner with a pharmacy home delivery company first.
'Only after they prove they can deliver demand, then (Amazon could) make their own investments.'
Amazon is the fourth biggest business in the US and has a 43 per cent share of online sales there.
Bricks and mortar or online pharmacy?
Recently, Amazon took a giant stride into traditional retailing in a $13.7bn (£10.7bn) deal to take over organic food chain Whole Foods Market.
Whole Foods, founded in 1980, has around 460 stores, including nine in the UK where it has operated since 2004.
Experts say the move could be a game-changer for the traditional supermarket business.
Amazon has long had ambitions to enter the grocery sector and launched its food delivery service, Fresh, in the US 10 years ago.
Last year, it introduced the service in the UK after entering a wholesale deal with supermarket Morrisons.
These shops could allow Amazon to set up pharmacies to provide face-to-face contact with millions of customers.
Alternatively, rather than establishing a bricks-and-mortar presence, the Seattle-based company may well want to focus on what it knows best and develop an online pharmacy services.
However, it would face challenges as the sector is heavily regulated, in the US and other countries.
The company has tried to enter the health care market previously in the late 1990s when it partnered up with Drugstore.com, but the deal ultimately fell apart.
The 'intelligent personal assistant' for patients
Rumours about Amazon having its sights set on health care began earlier this year when its voice-enabled personal assistant, Alexa, was heavily showcased at the Consumer Electronics Show.
PRESCRIPTION-ONLY DRUGS FOR SALE ON FACEBOOK
Prescription drugs including antidepressants and sleeping pills are being sold illegally on Facebook.
An investigation has found accounts listing Valium, Xanax and Prebaglabin, which are all used to treat anxiety or panic disorders.
Dealers post pictures of what they are selling and wait to be contacted by users who provide payment and an address.
The UK’s medicines watchdog is extremely concerned with the practise as many of the drugs are very powerful and addictive.
Some are being shipped from Africa and elsewhere oversees and there is no guarantee they are authentic or still in date.
The investigation by Sky News also discovered that even when Facebook was told about these illegal postings, it refused to take them down.
Alexa and its hardware platform Echo are being tested in numerous medical settings, including in surgery.
A remote patient monitoring tool is just one potential use for such voice recognition technology – it could deliver important medical information to seniors living at home and patients discharged from hospital to reduce costly readmissions.
The potential uses of the hands-free device include answering a patient’s questions about their condition, symptoms, medications, and upcoming appointments.
Patients could also request medication refills or book an appointment and provide updates on vitals to a remote nurse.
Amazon made a deal made earlier this year with WebMD which saw Alexa gain the ability to provide peer-reviewed medical information when asked by an Echo, Echo Dot and Fire TV user.
The company also has Echo Show – a version of the hardware that includes a camera and touchscreen display – which could be used in remote consultations with doctors.
CNBC reported in May that Amazon declined to comment on its report. MailOnline has approached the company for a statement
_________________
The mammon mongering possibilities for this scheme are endless. These Amazon pharmacies will only accept prescription drug plan coverage from CERTAIN insurance companies, that is, certain BezosBankster companies.
( Also see this 5 minute video by TheHealthRanger
...https://www.youtube.com/watch?v=4R9g1s89rWU... )
Amazon set to enter drug store market, selling prescriptions online or via traditional shops
The online giant could grab as much as $50 billion in prescription sales
Speculation on move after company reportedly hires health tech team
Amazon's partnerships could see it establish a bricks-and-mortar pharmacy
Alternatively Seattle-based firm could sell prescriptions online to consumers
Has already ventured into health care and sells medical supplies online
Its virtual assistant Alexa could be used in medical settings, including in surgery
By Claudia Tanner
Published: 07:34 EDT, 25 July 2017 | Updated: 09:48 EDT, 25 July 2017
E-commerce giant Amazon could soon be entering the multi-billion dollar US pharmacy market.
There is speculation that such a move could see the online retailer selling prescription medicines direct to consumers.
CNBC reported in May that Amazon was hiring a team of staff to prepare to move into the sector.
The report suggests the company could take as much as $50 billion in prescription sales.
Now it has reportedly hired top health technology executive Missy Krasner. Her new official title is currently unknown, but there are rumours she may be appointed to work for its cloud division, Amazon Web Services.
http://i.dailymail.co.uk/i/pix/2017/07/25/10/42AA8B5F00000578-4727562-image-m-25_1500973387453.jpg
Amazon could set to establish bricks-and-mortar pharmacies or sell prescriptions online
+1
Amazon could set to establish bricks-and-mortar pharmacies or sell prescriptions online
The subsidiary's clients include major health names like Bristol-Myers Squibb and healthcare software company Orion Health, according to the business news website.
Amazon has also been selling medical supplies online in the states for some time.
'I would expect a marketplace of sorts for consumers to choose a doctor or service, and schedule it,' Tom Rodgers, managing director of McKesson Ventures, a medical distribution giant told CNBC.
'I wouldn't be surprised to see them partner with a pharmacy home delivery company first.
'Only after they prove they can deliver demand, then (Amazon could) make their own investments.'
Amazon is the fourth biggest business in the US and has a 43 per cent share of online sales there.
Bricks and mortar or online pharmacy?
Recently, Amazon took a giant stride into traditional retailing in a $13.7bn (£10.7bn) deal to take over organic food chain Whole Foods Market.
Whole Foods, founded in 1980, has around 460 stores, including nine in the UK where it has operated since 2004.
Experts say the move could be a game-changer for the traditional supermarket business.
Amazon has long had ambitions to enter the grocery sector and launched its food delivery service, Fresh, in the US 10 years ago.
Last year, it introduced the service in the UK after entering a wholesale deal with supermarket Morrisons.
These shops could allow Amazon to set up pharmacies to provide face-to-face contact with millions of customers.
Alternatively, rather than establishing a bricks-and-mortar presence, the Seattle-based company may well want to focus on what it knows best and develop an online pharmacy services.
However, it would face challenges as the sector is heavily regulated, in the US and other countries.
The company has tried to enter the health care market previously in the late 1990s when it partnered up with Drugstore.com, but the deal ultimately fell apart.
The 'intelligent personal assistant' for patients
Rumours about Amazon having its sights set on health care began earlier this year when its voice-enabled personal assistant, Alexa, was heavily showcased at the Consumer Electronics Show.
PRESCRIPTION-ONLY DRUGS FOR SALE ON FACEBOOK
Prescription drugs including antidepressants and sleeping pills are being sold illegally on Facebook.
An investigation has found accounts listing Valium, Xanax and Prebaglabin, which are all used to treat anxiety or panic disorders.
Dealers post pictures of what they are selling and wait to be contacted by users who provide payment and an address.
The UK’s medicines watchdog is extremely concerned with the practise as many of the drugs are very powerful and addictive.
Some are being shipped from Africa and elsewhere oversees and there is no guarantee they are authentic or still in date.
The investigation by Sky News also discovered that even when Facebook was told about these illegal postings, it refused to take them down.
Alexa and its hardware platform Echo are being tested in numerous medical settings, including in surgery.
A remote patient monitoring tool is just one potential use for such voice recognition technology – it could deliver important medical information to seniors living at home and patients discharged from hospital to reduce costly readmissions.
The potential uses of the hands-free device include answering a patient’s questions about their condition, symptoms, medications, and upcoming appointments.
Patients could also request medication refills or book an appointment and provide updates on vitals to a remote nurse.
Amazon made a deal made earlier this year with WebMD which saw Alexa gain the ability to provide peer-reviewed medical information when asked by an Echo, Echo Dot and Fire TV user.
The company also has Echo Show – a version of the hardware that includes a camera and touchscreen display – which could be used in remote consultations with doctors.
CNBC reported in May that Amazon declined to comment on its report. MailOnline has approached the company for a statement
_________________
The mammon mongering possibilities for this scheme are endless. These Amazon pharmacies will only accept prescription drug plan coverage from CERTAIN insurance companies, that is, certain BezosBankster companies.