Is Amazon planning to enter Pharma Industry?

The online retail giant Amazon Inc. is likely to have its eye on pharmaceutical business with its acquisition of Whole Foods, for $14 billion. Amazon has already revolutionized many industries including consumer goods, consumer electronics, publishing, and cloud services. Although, the drug industry is highly regulated and has lots of entry barrier, thus it is still a dilemma if Amazon will move into the pharmaceutical business, as there is no such confirmation from the company officials yet. However, the entry of Amazon in the business would definitely be a breakthrough for the entire pharmaceutical supply chain, primarily impacting the retail pharmacy business. For More Detailed Analysis on this coverage contact our Industry Analysts at sales@bizwitresearch.com



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