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MCCPDC
Mark Cuban, co-founder of the Mark Cuban Cost Plus Drug Company. [Photo: MCCPDC]
Mark Cuban’s Cost Plus Drug Co. Partners with Emsana RX to Help Take on Big Pharma
by David Seeley | Dec 16, 2022
In January, the Mark Cuban Cost Plus Drug Company launched its online pharmacy directly to consumers, aiming to "bypass middlemen and outrageous markups." In October, it partnered with its first U.S. health plan, Capital Blue Cross. Now, by partnering with EmsanaRx, MCCPDC has made its first move into the self-insured employer drug market.
Mark Cuban says EmsanaRx's "technological capabilities to customize to the needs of self-funded employers" will help his startup "bring lower cost medicines to a wider swath of the American public."
by David Seeley |
Feb 2, 2022
The $11 million, 22,000-square-foot facility is expected to produce low-cost generic versions of traditionally overpriced drugs—and aims to be a designated site for producing drugs which other companies see as unprofitable to make. Two weeks ago, the MCCPDC launched its online pharmacy, offering 100+ generic drugs at manufacturer cost plus a flat 15% margin and a $3 pharmacist fee.
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by David Seeley |
Jan 19, 2022
The Mark Cuban Cost Plus Drug Company aims to "disrupt and disable big pharma" by offering more than 100 generic drugs "at striking savings" direct to consumers on a cash-pay basis.
As a pharmaceutical wholesaler, MCCPDC says it can "bypass middlemen and outrageous markups" by simply charging a flat 15% margin and pharmacist fee. With an $11M plant going up now in Deep Ellum, Cuban clearly means business.
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