Mark Cuban

2022 - 6 - 7

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Image courtesy of "Newsweek"

New Mark Cuban Company Slashes High Drug Prices: 'Life Changing' (Newsweek)

Owner of the Dallas Mavericks basketball team and an investor on the TV show Shark Tank, Cuban launched the Mark Cuban Cost Plus Drug Company (MCCPDC), a direct ...

We mark that price up by 15 percent so we can continue to run the company and invest in disrupting the pricing of as many drugs as we possibly can," he explained. Now we look forward to a modest retirement," the commentator wrote. "That makes the base price of the drug $30. Then we add on the actual cost, $3.00, that our pharmacy partners charge us to prepare and provide your prescription to you. He continued: "If you don't have insurance or have a high deductible plan, you know that even the most basic medications can cost a fortune. We are eternally grateful to Mr. Cuban. We are 59, have worked hard all of our lives. We felt by simplifying things, we could offer lower pricing for medications," Cuban said of the new venture, per PharmaPhorum.

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