PBM
Psyence Biomedical Ltd. Common Shares
stock NASDAQ

Define "PBM". Amazon Pharmacy while still working somewhat with the big three is still all but in name become a PBM itself. Let's be honest...a PBM is mostly a needless middlemen that hustleS drug providers for lower prices on behalf of pharmacies using bulk purchasing power, and who hustles insurance companies for better rates using bulk purchasing power. There is nothing per-say of real value that they provide. Amazon Pharmacy (and Cuban's Cost Plus Drugs) are mostly focusing on non-network costs...but as they grow and threaten the in-network PBM pricing system...PBM's will be in trouble.

Define "PBM". Amazon Pharmacy while still working somewhat with the big three is still all but in name become a PBM itself. Let's be honest...a PBM is mostly a needless middlemen that hustleS drug providers for lower prices on behalf of pharmacies using bulk purchasing power, and who hustles insurance companies for better rates using bulk purchasing power. There is nothing per-say of real value that they provide. Amazon Pharmacy (and Cuban's Cost Plus Drugs) are mostly focusing on non-network costs...but as they grow and threaten the in-network PBM pricing system...PBM's will be in trouble.

Amazon isn’t in the PBM business.