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Analyst: Amazon Possibly Priming Itself As Medical Device Retailer

The online retail giant has long been considered a potential threat to retail and mail-order pharmacists but, according to at least one analyst, the company may actually be gearing up to home-deliver medical devices to several states.

Las Vegas - Circa July 2017: Amazon.com Fulfillment Center. Amazon is the Largest Internet-Based Retailer in the United States II
Amazon fulfillment center in Las Vegas • Source: Jonathan Weiss/Shutterstock

For months market analysts have been discussing [Amazon.com Inc.]'s potential foray as a mail-order pharmacy, but after recent reports detailed the company's regulatory efforts at least one analyst says the real deal may be that the it is showing signs of trying to conquer the medical device supply sector.

Last week, the St. Louis Post-Dispatch reported that, over the past year, the online retail giant has gained approval to be a wholesale drug distributor in 12 states, including Nevada, Arizona, North Dakota, Louisiana, Alabama, New Jersey, Michigan, Connecticut, Idaho, New Hampshire, Oregon and Tennessee. The news sent stock prices for retail pharmacies, such as CVS Health Corp

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