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Mark Cuban's pharmacy startup is actually making drugs less expensive. It's still working on solving the real problem

CNBC
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Mark Cuban's pharmacy startup is actually making drugs less expensive. It's still working on solving the real problem

Mark Cuban sharking the healthcare system

In this CNBC article you'll learn about:
  • Mark Cuban's new online pharmacy offers discounts on hundreds of prescription drugs.

  • An estimated 18 million Americans couldn't afford to buy one prescription drug, according to a 2021 poll. Experts say the company hasn't broken into the market driving exorbitant prices for brand-name drugs.

  • Cost Plus Drugs negotiates with manufacturers to get generic drugs at wholesale prices. Generic drugs are 80% to 85% less expensive than their brand-name equivalents. Cost Plus Drugs doesn't accept insurance claims, since insurers don't typically work with pharmacies that avoid pharmacy benefit managers.

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