- Amazon could be getting into healthcare, and the company's reportedly had conversations with generic drugmakers about it,
- It's the latest hint in recent months that Amazon is serious about healthcare. Worry about the prescription drug business being Amazon'd has sent healthcare stocks tumbling, and is even credited with sparking the
- Conversations with generic drugmakers could mean that Amazon is interested in either helping generic drugmakers distribute prescriptions to pharmacies or by selling the generic prescriptions itself.
ADVERTISEMENT
Amazon is reportedly talking to generic drugmakers
Amazon could be getting into healthcare, and the company's reportedly had conversations with generic drugmakers about it, CNBC reports.
ADVERTISEMENT
Recommended articles
We just got another hint about Amazon's ambitions in healthcare.
CNBC reported on Thursday that Amazon has had exploratory talks with the drugmakers Sandoz, the generic drug unit of Novartis, and Mylan.
According to a note from Leerink cited by CNBC, the president of Sandoz "
ADVERTISEMENT
Amazon declined to comment. Sandoz, and Mylan did not immediately respond to a request for comment.
Shares of Mylan were up 3% on Friday, while the wholesalers were slightly down.
FOLLOW BUSINESS INSIDER AFRICA
ADVERTISEMENT