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Highlights

·       Mark Cuban headed an online drug delivery start-up that aims to produce and offer pharmaceutical drugs at low prices

·       Besides manufacturing costs, Mark Cuban Cost Plus Drug Company levies a flat 15 per cent mark-up nationwide

·       Mark Cuban Cost Plus Company is planning to launch its manufacturing facility in Dallas soon

Mark Cuban Cost Plus Drug Company (MCCPDC) has remained popular since its launch. This online pharmacy company aims to provide quality prescription drugs to Americans at the ‘lowest’ possible prices.

Skyrocketing drug prices have been a major concern in the United States for years, which could have prompted the foundation of the Cost Plus Drug Company.

Mark Cuban Cost Plus Drug Company (MCCPDC): An overview

According to its Mark Cuban Companies official site, MCCPDC aims to produce a low-cost version of high-cost pharmaceutical drugs. Besides drug manufacturing, this Mark Cuban company has vertically integrated operations involving distribution, marketing and online delivery.

Mark Cuban Cost Plus Drug Company avoids intermediaries; instead, the online pharmacy company is a licensed drug wholesaler and levies a flat 15 per cent mark-up nationwide, along with manufacturing costs.

The UnPBM by MCCPDC is an employer-sponsored benefit that allows its Managed Care Organization (MCO) and employer group clients to work with their existing Pharmacy Benefit Manager (PBM) by integrating Cost Plus Drugs into the pharmacy network. Alternatively, MCCPDC also lets you choose to use a claim processor in a bolt-on pharmacy benefit.

How cheap is buying prescription drugs from Mark Cuban Cost Plus Company?

Mark Cuban Cost Plus Company operates as a public-benefit corporation (PBC) and claims to be different from other drug wholesalers. An illustration from the MCCPDC website under which 30 count supply of 400 mg Imatinib via its online pharmacy delivery platform costs US$ 39, which includes manufacturing cost of US$ 31.2, a fixed 15 per cent mark up of US$ 4.8 and pharmacy labour of US$ 3. Besides this, at checkout, the buyer is charged shipping charges of US$ 5 and taxes, depending on the location.


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However, MCCPDC said that the retail price of the same prescription at other companies amounts to US$ 9657.3. This price difference reflects a saving of US$ 9,618.3 on the given prescription.

Mark Cuban Cost Plus Company offers drug medication for acid reflux, allergies, HIV, cancer, kidney disease, vitamin deficiency, heart health, migraines, infection, and other healthcare problems.

Where is Mark Cuban Cost Plus Company heading?

Mark Cuban Cost Plus Company is planning to launch its manufacturing facility in Dallas, Texas, in Q4 2022, which is said to be equipped with aseptic robotics filing lines. With this 22,000-square-foot facility, Mark Cuban Cost Plus Company aims to address the problems related to drug shortages and price surges by targeting to manufacture injectable medications and medications on the Food and Drug Administration (FDA) Drug Shortage list.

Please note, the above content constitutes a very preliminary observation based on the industry, and is of limited scope without any in-depth fundamental valuation or technical analysis. Any interest in stocks or sectors should be thoroughly evaluated taking into consideration the associated risks.