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sounds bad for the opioid problem
I'm all for Amazon filling prescriptions, healthcare is hugely inefficient and any bargaining power Amazon can wrestle away from pharmaceutical companies probably won't negatively impact the consumer.
They're coming for you too CVS and Walgreens.
Don’t underestimate them.
They're coming for you too CVS and Walgreens.
sounds bad for the opioid problem
This is going to be interesting. Drug wholesaling is a tough business with razor thin margins. Wholesalers don't make much off of branded drugs because the big drug companies have most of the negotiating power. It's not unusual for their cut to be in the tens of basis points. They make the most money off of generic drugs and often use arbitrage as a revenue source when price increases happen. Price increases for gene…
This is going to be interesting. Drug wholesaling is a tough business with razor thin margins. Wholesalers don't make much off of branded drugs because the big drug companies have most of the negotiating power. It's not unusual for their cut to be in the tens of basis points. They make the most money off of generic drugs and often use arbitrage as a revenue source when price increases happen. Price increases for gene…
Amazon doesn't need to make money on it, though. They just want to dominate every aspect of everyone's retail existence. I'm sure they're perfectly happy to make zero profit for a long while and figure it out later, when they're the only ones left in business.
This is going to be interesting. Drug wholesaling is a tough business with razor thin margins. Wholesalers don't make much off of branded drugs because the big drug companies have most of the negotiating power. It's not unusual for their cut to be in the tens of basis points. They make the most money off of generic drugs and often use arbitrage as a revenue source when price increases happen. Price increases for gene…
> razor thin margins That's everything amazon does besides AWS