Saturday, July 15, 2017

Quote of the Day

"Health care has been becoming more localized and more consumer oriented over the past decade, which may be a reason why a company like Amazon is newly exploring [the pharmacy] sector....However, the challenge with pharmacy is that it's not a commodity business like other consumer categories, and there are high barriers to entry including complex regulations, among other factors....Depending on how Amazon may be looking at these issues, the prescription-drug business is either complex and challenged, or ripe for a new option."


— Stephen Cichy, founder and managing director of Monarch Specialty Group, LLC, tells AIS Health. 

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