Earlier this month, American billionaire entrepreneur Mark Cuban officially launched his online pharmacy, the Mark Cuban Cost Plus Drug Company. The launch comes just weeks after the company's pharmacy benefit manager operation was established, with both of these movements came about in order to protect customers from inflation, in terms of pharmaceutical drug costs.

In September 2021, a Gallup poll was administered, and it was found that around 19 million Americans experienced difficulties with purchasing at least one prescription medication per household from drastic price increases. It was also discovered that one out of every ten Americans had skipped out on dosages for the sake of saving money.

Because of these factors, it can be considered a step in the right direction for Mark Cuban Cost Plus Drug Company to come out with an online pharmacy, in order that many individuals may save money in the process.

"We will do whatever it takes to get affordable pharmaceuticals to patients," stated Alex Oshmyansky, CEO of Mark Cuban Cost Plus Drug. "The markup on potentially lifesaving drugs that people depend on is a problem that can't be ignored. It is imperative that we take action and help expand access to these medications for those who need them most."

As a registered pharmaceutical wholesale, the drug company aims to go past health care industry "middlemen," thereby guiding customers in terms of moving away from costly drugs and charging manufacturers a 15% markup and pharmacist fee. Operating with the help of digital healthcare company Truebill, patients can enjoy reliable prescription fulfilment and delivery through a easy-to-use e-commerce website.

Although Mark Cuban Cost Plus Drug Company does not take insurance, it still claims that costs will decrease as a result of the online pharmacy in comparison to what they would be at a typical pharmacy. Its website provides 100 generic pharmaceutical drugs in order to help out with a series of health conditions, such as diabetes, heart disease, and asthma.