In 2022, Mark Cuban’s online pharmacy Cost Plus Drugs set out to transform the industry by offering medications at their true cost, plus a 15% markup and pharmacy fee. That’s a fraction of what many pay at pharmacies, and can save patients hundreds or even thousands of dollars—and Cost Plus continues to expand its offerings. “We are adding specialty and branded drugs along with biosimilars,” Cuban told TIME in an email. “We have also put together an affiliate retail pharmacy network so people can pick up medications locally.” This year it started accepting some insurance (from small and medium insurers), and Cuban says it’s “almost done” building a factory to manufacture drugs.
A weekly newsletter featuring conversations with the world’s top CEOs, managers, and founders. Join the Leadership Brief.
- Breaking Down the 2024 Election Calendar
- What if Ultra-Processed Foods Aren’t as Bad as You Think?
- How Ukraine Beat Russia in the Battle of the Black Sea
- The Reintroduction of Kamala Harris
- Long COVID Looks Different in Kids
- How Project 2025 Would Jeopardize Americans’ Health
- What a $129 Frying Pan Says About America’s Eating Habits
- The 32 Most Anticipated Books of Fall 2024