Prices Of Medication at Mark Cuban’s Pharmacuetical Company
Billionaire entrepreneur Mark Cuban’s new company, which publicly launched in January, is selling hundreds of generic, commonly used medications with absolutely massive cost cuts. And I mean massive. Perusing the price tags will make your jaw drop.
The generic version of Actos — prescribed for patients with diabetes and typically sold for $74.40 at standard pharmacies — is available for $6.60 for 30 pills, according to the website. The generic version of Apriso — prescribed for patients with gastrointestinal disease and sold for $122.70 at standard pharmacies — goes for $36.60 for 30 pills.
The drugs treat conditions ranging from mild migraines to acid reflux to cancer to neurological disorders. Cost Plus Drugs also sells the generic versions of a variety of mental health medications like Wellbutrin, used to treat depression, and Adapin, sometimes prescribed for anxiety.
Overall, Cost Plus Drugs appears to operate in the name of combatting a few very pressing public health issues in the United States. “If you don’t have insurance or have a high deductible plan, you know that even the most basic medications can cost a fortune,” Cuban said in the company’s mission statement.
“Every American should have access to safe, affordable medicines,” he adds, and “we also think that it is just as important to introduce transparency to the pricing of drugs so patients know they are getting a fair price.”
