Mark Cuban Takes on Sky-High Drug Prices with Cost-Plus Pharmacy
Mark Cuban is making waves beyond the basketball court—with a bold new mission to tackle the soaring cost of prescription drugs in the U.S. Inspired by the outrageous price hikes in generic medications and the struggles of millions of Americans unable to afford their medicines, Cuban teamed up with Dr. Alex Oshmyansky to launch the Mark Cuban Cost-Plus Drug Company (MCCPDC) in January last year.
What’s the Problem?
Generic drugs, which should be affordable, often come with markups averaging 100% and sometimes exceeding 1,000%. This has left 18 million Americans unable to buy at least one prescribed medication recently. Cuban called this pricing “ridiculous” and set out to fix it.
How MCCPDC Works
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Buys drugs directly from manufacturers, cutting out middlemen and their hefty fees
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Sells medications online with a simple pricing model: manufacturer cost + 15% margin + $3 pharmacist fee
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Does not accept insurance, but still offers prices far below typical pharmacy costs
Real Savings
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Diabetes drug metformin: $3.90 for 30 days (vs. $20 retail)
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Leukemia drug imatinib: $47 a month at MCCPDC vs. over $9,600 retail!
Looking Ahead
MCCPDC plans to build an $11 million manufacturing facility in Dallas to make its own generic drugs, further lowering costs and increasing supply transparency.
Why It Matters
This venture shows that capitalism can be compassionate, focusing on affordability and transparency—something long overdue in U.S. healthcare.
If you or a loved one rely on prescription meds, check out costplusdrugs.com to see how much you could save. Here’s to healthier wallets and healthier lives!