Amazon's pharmacy team grows to 30+ people, analysts say

Amazon is expanding its healthcare team focused on a potential pharmacy market entrance, according to a report from the financial research firm Leerink cited by CNBC.

Here are three things to know.

1. The exploratory team, once comprised of seven to eight people, now contains 30 to 40, an unnamed former senior Amazon employee told Leerink researchers.

2. Amazon's latest healthcare hire was Martin Levine, MD, a Seattle-based geriatrician who specializes in unique patient care models. The company was also lookingto hire a HIPAA compliance lead as of mid-January.

3. Leerink believes Amazon's pharmacy entrance is a matter of "when," not "if," according to the report.

More articles on supply chain:
Google venture arm invests in company developing universal flu vaccine
Drug price controversy revived: PTC Therapeutics raises muscular dystrophy treatment price by 9%
Congress passes 2-year delay of medical device tax: 4 things to know

© Copyright ASC COMMUNICATIONS 2021. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.