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Online pharmacies race for market share

Online pharmacies are boosting their healthy doses of the online drugstore business. Drugstore.com is targeting cosmetics with its purchase of Beauty.com, PlanetRX inks a deal with a managed care services provider, and CVS will be promoted on WebMD's network.

CNET News staff
 
  latest developments 

Online pharmacies are boosting their healthy doses of the online drugstore business. Drugstore.com is targeting cosmetics with its purchase of Beauty.com, PlanetRX inks a deal with a managed care services provider, and CVS will be promoted on WebMD's network.

"...as we begin the next century, online access to pharmaceutical products will become the norm for physicians, patients and their associated managed care plans."

- William Razzouk, PlanetRx chief executive

 


Drugstore.com shells out $42 million for Beauty.com
update The acquisition provides online pharmacy Drugstore.com with access to the $6.2 billion beauty market.

PlanetRX nabs managed care services deal
PlanetRx says it is the exclusive online drugstore for managed-care provider CCN, moving to increase its share of the lucrative online pharmacy business under a new agreement.

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WebMD to promote CVS online in 5-year deal
The online medical network and the drugstore chain reportedly are expected to announce a wide-ranging agreement under which CVS' online pharmacy will be the only drugstore promoted on the WebMD site.