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Amazon’s new RxPass is ‘incremental step’ in its foray into health care: Analyst
Amazon (AMZN) has taken yet yet another move into the wellbeing house, saying a new $5 every month membership for Prime users for generic medicine Tuesday. The announcement is Amazon’s most up-to-date foray into health treatment, right after the corporation acquired PillPack in 2018, followed by its announcement to obtain A single Health care (ONEM) past 12 months. It was also element of the failed Haven venture that integrated JPMorgan (JPM) and Berkshire Hathaway (BRK-A, BRK-B) which tried to control wellness prices for large companies. Amazon previously presented 6 months of certain generics for $6. Evercore ISI analysts said in a take note Tuesday that the announcement is an “incremental…


