Amazon reportedly shelves plan to sell drugs to hospitals, causing a spike in pharmacy stocks

April 17, 2018

CVS Health’s stock price jumped, along with other pharmacy and drug distributor share prices, on news that Amazon wouldn’t be selling and shipping pharmaceutical products to hospitals and clinics. The mounting threat of Amazon launching a health care businesses appears has coincided with a string of mergers and acquisitions.

Seattle Biz Journal
Amazon reportedly shelves plan to sell drugs to hospitals, causing a spike in pharmacy stocks

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