Amazon has upended so many industries--and you can basically buy almost anything there.
And yes, what you can't buy today, you will be able to buy tomorrow.
What started as books and DVDs is now virtually synonymous with e-Commerce itself!
Next up for Amazon is pharmaceuticals!
Some people may think that Whole Foods gives Amazon the footprint it needs to sell these and dominate.
But what people aren't considering is that Amazon can sell the pharmaceuticals online.
Amazon can do what other online drug distributors can't.
Why?
Because Amazon has the most unbelievable distribution network in the world.
Currently, people can order drugs through the mail, but these tend to be for regular reoccurring prescriptions that have lead time.
However, Amazon can outdo these mail order pharma companies, because they can get you the drugs you need when and where you need it.
- You don't feel well and can't make it to CVS, Amazon will deliver to your door.
- Need same-day delivery, no problem.
- Plus do all your shopping together in one fell timesaving swoop.
My prediction:
Amazon the low cost, efficient online seller of everything to everywhere is going to partner with Teva Pharmaceuticals, the #1 world leader in low cost generic drugs.
Teva already produces 120 billion tablets and capsules every year, operates in 80 countries, and currently fills 1 in 6 generic prescriptions in the U.S.
Together, Amazon and Teva can make beautiful music, that is medicine + money!
Who needs CVS when pharmaceuticals perhaps soon can be gotten at Whole Foods or at your Trusty Amazon.com.
One more time, I see some radical disruption--and this time it will bring you cheaper and more convenient drugs--make a l'chaim to your health. ;-)
(Source Graphic: Andy Blumenthal)
(Endnote: I am a big fan + investor in Teva, and of course, all opinions here are my own.)