‘Amazon Pharmacy’ Online Drug Store to Soon Launch in India

Aug. 14, 2020

The announcement comes at a time when the online pharma business in the country is growing at a rapid pace because of the COVID-19 pandemic. Referring to the current reality, an Amazon spokesperson told theBBCthat the upcoming service“is particularly relevant in present times as it will help customers meet their essential needs while staying safe at home”. There’s no official timeline for the launch, but the aforementioned statement suggests that it might happen sooner rather than later.

Amazon’s entry into the online pharmaceuticals business in India will set the cat amongst the pigeons as far as the incumbent players are concerned. The country is yet to formulate full regulatory guidelines for the emerging sector that already has a number of active players, including Medlife, Netmeds, PharmEasy and 1mg. It will be interesting to see how these companies will react to the news of the world’s biggest e-commerce retailer entering their turf.

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