According to St. Louis Post-Dispatch paper citing public records, Amazon “has gained approval to become a wholesale distributor from a number of state pharmaceutical boards”
In translation, there’s a chance that Amazon will be authorized to sell licensed prescription drugs in 12 states, such as Nevada, Arizona, North Dakota, Louisiana, Alabama, New Jersey, Michigan, Connecticut, Idaho, New Hampshire, Oregon and Tennessee. One application seems to still be pending for approval, the one for Maine.
Despite the company did not officially confirmed the rumors, the news shook stock prices of main pharmacy chains, as the market registered a 6 per cent drop.
On the other hand, Amazon aiming to get wholesale pharmacy licenses does not necessarily translate into the intention of selling prescription drugs or any kind of controlled substances. Moreover, the policy about this type of e-commerce varies from state to state.
One speculated possibility is a future association between the giant and an already existing wholesale pharmacy company, whose name had not been disclosed yet, despite Whole Foods was mentioned in the rumors for a few times.
When contacted for a statement, Amazon replied that it “does not comment on rumors and speculation.”