Amazon considers to enter prescription drug sales market in Japan: Report

Published On 2022-09-06 06:45 GMT   |   Update On 2022-09-06 06:45 GMT

Tokyo: Amazon.com Inc is considering entering the prescription drug sales market in Japan, the Nikkei newspaper reported on Monday.Amazon plans to partner with small- and mid-sized pharmacies for the service, starting next year when electronic prescriptions are allowed for the first time in Japan, Nikkei said, citing people involved in the project.Read also: Flipkart, Amazon in talks to buy...

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Tokyo: Amazon.com Inc is considering entering the prescription drug sales market in Japan, the Nikkei newspaper reported on Monday.

Amazon plans to partner with small- and mid-sized pharmacies for the service, starting next year when electronic prescriptions are allowed for the first time in Japan, Nikkei said, citing people involved in the project.
Prescription drug prices in Japan are set by the government, while the distribution system is highly fragmented, with 70 wholesalers nationwide and almost 60,000 pharmacies.

Read also: Amazon buys Google backed One Medical for USD 3.9 billion

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Article Source : Reuters

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