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Tags: Amazon | drugs | seller

Report: Amazon Shelves Plans to Sell, Distribute Drugs to Hospitals

Report: Amazon Shelves Plans to Sell, Distribute Drugs to Hospitals
(Getty Images)

Monday, 16 April 2018 02:17 PM EDT

Amazon.com Inc has shelved plans to sell and distribute pharmaceutical products to hospitals, CNBC reported on Monday, citing sources familiar with the matter.

The change in plan comes partly because Amazon has not been able to convince big hospitals to change their traditional purchasing process, the report said.

Amazon did not immediately respond to Reuters' request for comment.

The report sent shares of U.S. drug distributors including McKesson, Cardinal Health and AmerisourceBergen higher on Monday afternoon.

© 2022 Thomson/Reuters. All rights reserved.


Companies
Amazon.com Inc has shelved plans to sell and distribute pharmaceutical products to hospitals, CNBC reported on Monday, citing sources familiar with the matter.
Amazon, drugs, seller
76
2018-17-16
Monday, 16 April 2018 02:17 PM
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