Mark Cuban Cost Plus Drug Company (MCCPDC), doing business as Cost Plus Drugs, is an American public benefit corporation, founded in 2022[1] with its main headquarters located in Dallas, Texas. The company is focused on the pharmacy distribution of drugs with a stated goal to lower the prices for generic drugs by removing middlemen, such as pharmacy benefit managers and by moving to a cost-plus pricing strategy.[2]
Origins and concept
Cost Plus Drugs was launched in January 2022.[3] It was co-founded by radiologist Alex Oshmyansky and billionaire Mark Cuban. According to Cuban, in 2018, Oshmyansky contacted Cuban with an email titled "cold pitch" in which he asked Cuban to invest in a pharmacy he envisioned to manufacture generic drugs and skip the middleman wholesalers.[4] The company has said that the intermediary layer of the pharmacy benefit managers