Amazon ramps up trademarks for pharmacy business

Amazon is signaling it may soon sell prescription drugs in the U.K., Canada and Australia after the company moved to trademark “Amazon Pharmacy” in those countries at the start of 2020, CNBC reported.

According to trademark filings, Amazon may also move into surgical, medical dental instruments and pharmaceutical.

Amazon has continually increased its presence in the healthcare space, including acquiring online pharmacy PillPack in 2018 for $1 billion. The brand Amazon Pharmacy has begun to appear on printed materials and labels since the end of 2019.

While the trademark filing doesn’t mean Amazon has imminent plans to sell prescription medications, it does indicate the company’s desires to “go global,” CNBC reported.

See the full story below:

Amy Baxter

Amy joined TriMed Media as a Senior Writer for HealthExec after covering home care for three years. When not writing about all things healthcare, she fulfills her lifelong dream of becoming a pirate by sailing in regattas and enjoying rum. Fun fact: she sailed 333 miles across Lake Michigan in the Chicago Yacht Club "Race to Mackinac."

Trimed Popup
Trimed Popup