Check Out This Genius Mark Cuban Pharmacy Plan
A new online pharmacy, Mark Cuban Pharmacy, has emerged in Florida. The venture is a low-cost generic drug store. It all started with a cold email. Alex Oshmyansky, MD, PhD, a radiologist by training, sent Cuban a cold email with the subject line “cold pitch.” He told Cuban about his business plan and how his pharmacy would buy generic drugs directly from manufacturers and sell them to pharmacies at discount prices.
Many prescription drugs are expensive and millions of Americans struggle to pay them each month. Cuban’s new venture aims to bring transparency to the generic drug pricing process and pass on more savings to consumers. Cuban’s company will initially buy from third-party suppliers, but it plans to build its own manufacturing facility in Dallas. Once it opens, the pharmacy will sell products at discounted prices with a 15% markup. Customers will still pay a $3 pharmacist fee.
A millionaire businessman, Mark Cuban, has partnered with pharmacy benefit managers to make the prices for generic drugs lower online. He hopes that his pharmacy will attract more people who don’t have insurance and those with high-deductible health plans. While Cuban’s pharmacy offers only a few brands of generic drugs, it may help alleviate the problem of access for those without insurance. But the company’s new online pharmacy has one notable drawback.
The company’s website states that its products are more affordable than other pharmacies. The company’s website says that customers will be able to buy more than 100 generic drugs for less than the price they pay at retail pharmacies. Mark Cuban Pharmacy also charges a pharmacy fee of $3 for every order. It does not accept insurance plans. A month’s supply of generic medication costs only $47. If you’re looking for the best pharmacy in the area, try Mark Cuban Pharmacy.
