Why Amazon Pharmacy Is Bad News for GoodRx Investors
Free discount coupons for prescription medicines allowed GoodRx (NASDAQ: GDRX) to make a name for itself and pull off a successful initial public offering in September. That success hasn't gone unnoticed by other companies that already have access to lots of consumers, including Amazon (NASDAQ: AMZN).
The recent introduction of Amazon Pharmacy includes a prescription savings benefit that gives all Prime members discounts on their medicines regardless of their health insurance coverage. Amazon even hired one of GoodRx's most important partners, Express Scripts, to manage the Prime members' new prescription savings benefit program.
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Source Fool.com
