Thursday, 5 March, 2026
Amazon opens online pharmacy in US, tumbles big pharmacy chains
By Basit Ansari
<p>Etailer Amazon opened an online pharmacy, allowing customers to order medication or prescription refills and have them delivered at home. The potential impact of Amazon’s arrival in the pharmaceutical space rippled through that sector immediately. The stocks of CVS Health Corp., Walgreens and Rite Aid all tumbled. Previously, Amazon has invested $750 million to buy online pharmacy PillPack.</p>
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