• Wall Street analysts say buy these 2 healthcare stocks spring-loaded for gains after getting pummeled by Amazon Pharmacy - including one poised to surge 81%

    12 days ago - By Business Insider

    Summary List Placement
    On Tuesday, Amazon announced its long-awaited push into prescription drugs , a service called Amazon Pharmacy that lets people shop for drugs online and get discounts.
    The news sent healthcare stocks tumbling, including wholesalers, health plans, and pharmacies. It's just one phase of Amazon's plans to disrupt healthcare , which span from wearables to telehealth.
    But two companies - GoodRx and AmerisourceBergen - were too caught up in the sell-off, according to SVB Leerink and Evercore, respectively.
    "Whenever Amazon launches a new endeavor, the immediate reaction is...
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  • Investors are betting that the next Warby Parker will spring from Amazon

    Investors are betting that the next Warby Parker will spring from Amazon

    12 days ago - By Fortune

    Where Amazon walks, a graveyard follows. The phenomenon was clear yesterday, when investors spooked by its pharmacy offering drove shares of traditional drugstores down .
    But now, venture capitalists are considering the company's platform fertile ground to grow new consumer-facing brands.
    On Wednesday, venture capitalists such as General Catalyst, Khosla Ventures, and Arbor Ventures injected $175 million in Series A funding into Heyday , a company that acquires and incubates companies that sell products on Amazon. That's right: $175 million for a company that just came out of stealth and...
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  • Amazon unveiled Amazon Pharmacy, an online prescription marketplace and home delivery platform

    Amazon unveiled Amazon Pharmacy, an online prescription marketplace and home delivery platform

    12 days ago - By Business Insider

    Summary List Placement The tech giant unveiled Amazon Pharmacy, which offers online prescription fulfillment and home delivery of medications via the Amazon website or mobile app and will be available to consumers 18+ in 45 states.
    Amazon Pharmacy accepts most forms of insurance, and uninsured Prime members can receive an up to 80% discount on meds. Prime members also receive unlimited free two-day delivery, while non-Prime customers receive free five-day delivery or the option to dish out $5.99 for two-day delivery.
    Amazon's disruption of the $312 billion pharmacy and drug stores market...
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