Express Scripts Holding Co. sees Amazon.com Inc. as a potential pharmacy partner rather than a threat to the company, CNBC reported, citing Tim Wentworth, the CEO of the pharmacy benefit manager.
Wentworth spoke to the news outlet at the Forbes Healthcare Summit conference in New York.
"What [Amazon] will see is the magic isn't in lower net prices to consumers. It's getting the right drug to consumers and helping them navigate the system — all things we've built a business over 30 years to do," Wentworth told the news outlet.
The CEO said Express Scripts has an enormous e-commerce business with almost $30 billion in mail-service prescriptions being done with digital interfaces, adding that 85% of Express Scripts' prescriptions are filled out online.
Wentworth did not confirm whether the company was in talks with Amazon, stating, "We talk with all kinds of folks all the time, and I won't talk about any particular set of conversations."
