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Budi

(15,325 posts)
Wed Mar 16, 2022, 07:34 PM Mar 2022

Has anyone tried Cuban's 'Cost Plus Drug Co'?

I'm looking at prices & see why it may be worth a try.
https://costplusdrugs.com/medications/

He's currently building a manufacturing plant.
Mark Cuban Cost Plus is building an $11 million, 22,000-square-foot plant in Dallas’ Deep Ellum neighborhood to manufacture a number of generic drugs, with plans to open in September 2022. Construction on the facility began in February 2021 with the remodeling and retrofitting of an existing building at 302 S. Walton St., the Dallas Morning News reported at the time.

“At our manufacturing plant, we’ll be making drugs nobody else is willing to make at needed quantities due to a lack of profit,” Oshmyansky told us. “It will allow us to provide products which are in shortage and which otherwise have extremely high margins from manufacturers.”

He expects the plant to employ around 20 to 25 employees “from day one,” going up to 60 to 80 employees over time.

https://dallasinnovates.com/mark-cuban-launches-his-online-cost-plus-pharmacy-takes-on-big-pharma-with-low%E2%80%91cost-generics/

The company refuses to pay “spread prices” to third-party PBMs in order to be allowed to process insurance claims. (It says that’s one reason drug costs have spiked ever higher.)

Cost Plus will compete directly with CVS, Walgreens, & other 3rd party pharmacies.

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