As the health care industry transitions to a more consumer-centric model, Amazon (AMZN) could represent a key piece of the puzzle that may eventually cut out the need for pharmacies altogether.
“We’re in the business of inventing new drugs, composition of matter. That’s the distribution side of the business. It could be helpful depending on how it rolls out. I think the critical issue here … [is] how do we get more efficiency in the distribution system, and how do we pass those efficiencies on to patients so that they can enjoy the savings and find medicines more affordable?” Frazier told FOX Business’ Maria Bartiromo on “Mornings with Maria.”