It’s still unclear what Amazon’s healthcare strategy looks like, despite speculation over the last year.
But according to a new research note from Cowen, it’s sounding more unlikely that Amazon’s potential healthcare plan includes distributing prescription drugs.
Instead, Cowen researchers wrote, Amazon would have a better shot of getting into healthcare by using its voice assistant Alexa. “We think a natural fit for Amazon could be incorporating its Alexa voice assistant for some health care needs.”
Amazon’s potential entrance into healthcare has everyone speculating about what the ecommerce giant might do.
One place that people have been looking for clues has been in state regulatory filings for wholesale pharmacy licenses. In 2017, it was reported that Amazon had been approved for wholesale pharmacy licenses for at least 12 states.
The licenses don’t necessarily indicate that Amazon is going to start to sell prescription drugs. In many cases, wholesale pharmacy licenses are needed to sell things like medical supplies, something Amazon already sells to businesses. But there was some thought, especially given some of the states Amazon was pursuing licenses such as Maine, that distributing prescriptions could be on the horizon.
But on Friday, Wall Street bank Cowen said in …read more
Source:: Businessinsider – Technology
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