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pharmacy benefit manager
[Source illustration: Talaj/istockphoto]
Mark Cuban Cost Plus Drugs Partners with Phoenix ‘Virtual Wellness Assistant’ To Tackle Prescription Affordability
by David Seeley | Aug 22, 2023
Dallas-based Cost Plus Drugs announced today that it's teaming up with Drexi, a Phoenix-based pharmacy benefit manager that calls itself a "virtual wellness assistant" offering "honest pricing and better benefits, one prescription at a time." Drexi also helps customers track their prescriptions as a "wellness partner." See why teaming up made sense for both disruptive startups.
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."
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by David Seeley |
Oct 26, 2021
The Mark Cuban Cost Plus Drug Company is building an $11M, 22,000SF drug manufacturing plant in Dallas' Deep Ellum, aiming to "disrupt and disable big pharma." The startup plans to launch an online pharmacy selling 100 of the most commonly prescribed generic prescription drugs at a 15 percent markup plus a $3 dispensing fee.
"Our only goal is to push down the pricing of drugs for every American," the company pledges.
"Our only goal is to push down the pricing of drugs for every American," the company pledges.
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