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.
- Donald Trump Is TIME's 2024 Person of the Year
- Why We Chose Trump as Person of the Year
- Is Intermittent Fasting Good or Bad for You?
- The 100 Must-Read Books of 2024
- The 20 Best Christmas TV Episodes
- Column: If Optimism Feels Ridiculous Now, Try Hope
- The Future of Climate Action Is Trade Policy
- Merle Bombardieri Is Helping People Make the Baby Decision