Amazon reportedly shelves plan to sell drugs to hospitals, causing a spike in pharmacy stocks
CVS Health's stock price jumped, along with other pharmacy and drug distributor share prices, on news that Amazon wouldn ’t be selling and shipping pharmaceutical products to hospitals and clinics. The mounting threat of Amazon launching a health care businesses appears has coincided with a string of mergers and acquisitions.
Source: bizjournals.com Health Care News Headlines - Category: Health Management Authors: Jessica Bartlett Source Type: news