Mark Cuban is a renowned entrepreneur, investor, and philanthropist, widely recognized for his role as the co-founder of the Mark Cuban Cost Plus Drug Company (commonly known as Cost Plus Drugs). Launched in January 2022, this public-benefit corporation aims to revolutionize the pharmaceutical industry by offering affordable medications through a transparent pricing model. By eliminating intermediaries like pharmacy benefit managers, the company provides drugs at the manufacturer’s cost plus a 15% markup, a $5 pharmacy service fee, and a $5 shipping fee, ensuring significant savings for consumers

Cuban’s venture into the pharmaceutical sector was sparked by a cold email from Dr. Alex Oshmyansky, a radiologist and mathematician who proposed an online pharmacy to reduce drug prices. Impressed by the concept, Cuban invested in the idea, leading to the establishment of Cost Plus Drugs, with Dr. Oshmyansky serving as CEO

Beyond Cost Plus Drugs, Cuban is known for his ownership of the NBA’s Dallas Mavericks and his role as a prominent investor on the television show “Shark Tank.” His commitment to innovation and consumer advocacy continues to drive his endeavors across various industries.