Becker's Healthcare August 15, 2024
“Transparency,” a growing buzzword in the pharmaceutical industry, is making another premiere at Mark Cuban Cost Plus Drug Co.
The company publishes all of its drug prices on its website, which account for the manufacturing costs, plus a $5 pharmacy labor fee, a $5 shipping fee and a 15% markup. In another move to boost transparency, Mark Cuban told Jon Stewart on “The Daily Show” Aug. 12 that the company will soon publish its contracts.
“We’re just getting it approved [Aug. 12] — we’re going to publish all contracts,” Mr. Cuban, co-founder of Cost Plus Drugs, said. “Never before has it been done where, for my companies, we’re saying, ‘If you want to do business with us, if this...