Amazon building 'modern pharmacy' of the future: Medical Officer

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Vin Gupta,Chief Medical Officer,Pharmacy Delivery Services

Since 2020, Amazon (AMZN) has been making efforts to extend its online retail stronghold into the pharmacy world. The company announced that it expects same-...

) has been making efforts to extend its online retail stronghold into the pharmacy world. The company announced that it expects same-day pharmacy delivery services to become available in up to a dozen US cities by the end of the year. Amazon Pharmacy Chief Medical Officer Dr. Vin Gupta joins Wealth! to discuss the move and what the current state of pharmacies lacks for the average consumer.

The service will not have additional charges for same-day deliveries,"and that's exactly what people expect from Amazon," Gupta says."We know that 30% of people don't pick up their refills on time, or if ever, because it's an inconvenient experience, especially if you're not feeling well," adding that he believes Amazon's new initiative will make major strides in the average consumer's health.

LONDON/BERLIN -Top executives at BMW and Volkswagen on Wednesday warned against imposing EU import duties on electric vehicles from Chinese automakers, saying it could upend the bloc's Green Deal plan and harm automakers that import cars made in China. The European Commission, which oversees trade policy in the 27-nation European Union, launched an investigation in October into whether fully-electric cars manufactured in China were receiving distortive subsidies and warranted extra tariffs.

 

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