WOW 🚨 To Elon Musk and the DOGE team looking at Medicare:
— Wall Street Apes (@WallStreetApes) February 20, 2025
Pharmacist says
- This medication is Pirfenidone
- Medicare filled it 85,000 times in 2022 at an average cost of $8,000 per prescription
- Normal cost without insurance ONLY $200 TO FILL
- They spent $680 million on… pic.twitter.com/oMYsseUN9a
It looks like Mark Cuban owns the Cost Plus Pharmacies.
Grok tells us,
The Mark Cuban Cost Plus Drug Company (MCCPDC), operating under the name Cost Plus Drugs, is the entity behind Cost Plus pharmacies. It was co-founded in 2022 by billionaire entrepreneur Mark Cuban and radiologist Alex Oshmyansky, with its headquarters in Dallas, Texas. Oshmyansky, who initially pitched the idea to Cuban in 2018, serves as the CEO, while Cuban is a prominent investor and public face of the company. As a public benefit corporation, its mission focuses on providing affordable generic drugs by eliminating middlemen and using a transparent cost-plus pricing model. While Cuban’s exact ownership stake isn’t publicly specified, he has described the venture as a personal mission to disrupt the pharmaceutical industry, suggesting significant involvement rather than full ownership. The company isn’t a traditional pharmacy chain but operates as an online pharmacy and wholesaler, partnering with entities like Truepill Pharmacy for prescription fulfillment and expanding through initiatives like the Team Cuban Card network with independent pharmacies.
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