Fortune April 1, 2025
During an interview on the Somebody’s Gotta Win With Tara Palmeri podcast, billionaire entrepreneur Mark Cuban warned that the drug company he cofounded, Cost Plus Drugs, would be forced to raise its prices in response to a tariff on goods imported from India.
“We won’t have a choice,” Cuban said.
Cuban’s company aims to make pharmaceuticals more affordable, with a transparent pricing plan that marks up drug manufacturing costs by 15% and adds a potential pharmacy fee charged by their suppliers (of around $5, plus $5...