pharmaphorum January 25, 2022
Phil Taylor

Mark Cuban, billionaire owner of the Dallas Mavericks basketball team, just got involved in the online pharmacy business, promising to “shield consumers from inflated drug prices.”

The online pharmacy launch comes a few weeks after Cuban set up a pharmacy benefit manager (PBM) operation – the Mark Cuban Cost Plus Drug Company (MCCPDC) – promising to cut out the middleman in the medicines supply chain so it can eliminate markups on generic drugs and pass savings on to its customers.

The plan is still being put into action, with the PBM not expected to start operating fully until next year, but the online pharmacy CostPlusDrugs.com is already online and ready to take orders, claiming some big discounts for more than...

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Topics: Healthcare System, Patient / Consumer, Pharma, Pharma / Biotech, Pricing / Spending
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