Amazon's RxPass Will Help It Tap Into the Pharmaceutical Market as It Seeks to Grow Revenue Beyond 500 Billion

Amazon is adding generic medications to the list of goods and services it offers. How will that impact its revenue and share price?.

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Amazon may suffer due to the economic contraction occurring, but its expansion into the pharmaceutical market may help offset some of these losses. That is thinking behind RxPass, Amazon’s latest offering that allows its Prime members to order generic medications for a $5 USD per month subscription fee. Below, we take a look at some of Amazon’s recent financials and price momentum.

Tracking AMZN’s Performance from 2020 to 2022: Net Income, Price/Sales Ratio, and Revenue

AMZN‘s net income has been

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