Amazon’s announced acquisition of PillPack gives the tech giant a vehicle for disrupting the U.S. drug distribution market - and may come with a beneficial side-effect for pharma.
Amazon‘s announced acquisition of PillPack gives the tech giant a vehicle for disrupting the U.S. drug distribution market - and may come with a beneficial side-effect for pharma. Amazon will find substantial reception for its Rx distribution services among U.S. patients and physicians. Per DRG Digital | Manhattan Research 2018 study data, based on surveys of 84 patients and 2,724 physicians:
The opportunity for Amazon to improve medication adherence is notable - and won’t be lost on pharmas seeking innovative platforms from which to deliver their patient support programs:
However, Amazon will have to overcome some doubts among patients weighing tradeoffs of cost and access over privacy concerns:
“Patients and providers alike have had it with medical sticker shock and the hassle factor in American healthcare,” said DRG Digital Principal Analyst Matthew Arnold. “So Amazon has a real opportunity here, provided they can deliver lower costs and a more friction-free experience to patients. It may pose an opportunity for pharmas, too, provided they can partner with Amazon to deliver patient education and support resources along with their medications.” The aforementioned findings come from our 2018 Taking the Pulse® U.S. and Cybercitizen Health® U.S. studies, which are available to pharma companies and industry partners. To request information about our patient, physician and payer studies, specific data segments or study methodology, email Digital@TeamDRG.com. About DRG Digital | Manhattan Research Visit www.DRGDigital.com or follow @DRGDigital to keep up to date on our analysts’ thinking and access eBooks, infographics, webinars and other resources. About Decision Resources Group To learn more, visit www.decisionresourcesgroup.com. Media contact: Penelope Williams, +1-617-747-9090, pwilliams@teamdrg.com View original content with multimedia:http://www.prnewswire.com/news-releases/as-amazon-enters-drug-distribution-patients-and-physicians-are-hopeful-for-healthcare-disruption-300674754.html SOURCE Decision Resources Group |