Last Updated Oct 27, 2017 5:33 PM EDT
Alexa might want to be your drugstore, too: Amazon (AMZN) reportedly has obtained pharmacy licenses in a handful of states, hinting at possible plans to disrupt both the drugstore business and the larger healthcare industry.
According to the St. Louis Post-Dispatch, the e-commerce giant has received wholesale pharmacy licenses in at least 12 states, including Alabama, Arizona, Connecticut, Idaho, Louisiana, Michigan, Nevada, New Hampshire, New Jersey, North Dakota, Oregon, and Tennessee. Some states require the permits to sell “professional use only” medical devices to medical and dental practices such as procedure trays, sutures, and syringes.
Amazon’s potential entry into the pharmaceutical business spurred drug store and pharmaceutical benefits manager CVS (CVS) to make a $66 billion offer for health insurer Aetna (AET), according to the Wall Street Journal, As the Journal noted, most prescriptions are filled in bricks-and-mortar pharmacies though patients with chronic conditions are encouraged by insurers to get their medications through mail-order dispensaries.
According to CNBC, Amazon expects to decide by Thanksgiving whether it will begin