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Amazon eyes entering Japan prescription drug market: report

Amazon.com Inc is contemplating coming into the prescription drug sales market in Japan, the Nikkei newspaper reported on Monday.

Amazon plans to accomplice with small- and mid-sized pharmacies for the service, beginning subsequent 12 months when electronic prescriptions are allowed for the primary time in Japan, Nikkei mentioned, citing folks concerned within the undertaking.

Prescription drug costs in Japan are set by the federal government, whereas the distribution system is extremely fragmented, with 70 wholesalers nationwide and nearly 60,000 pharmacies.

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