Mark Cuban’s prescription drug company in talks with hospitals to fill drug shortages

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The U.S. Food and Drug Administration maintains a list of 185 drugs in short supply.

Many of the drugs on the list are crucial to keeping people alive, Oshmyansky said. He points to oxytocin,. It also stops postpartum hemorrhages, he said.

“In terms of deciding which products to make, it’s going to have to be very close and collaborative with the individual customers that we have in the health system,” Oshmyansky said. “We will have a limited capacity and we want to make the best use of that capacity to impact public health.” Cuban, the firm’s billionaire backer, recently told a crowd at a venture forum in Dallas that the company bearing his name“There are so many different ways to start attacking health care,” Cuban said.said Medicare could have saved $3.6 billion in a single year if it had bought generic drugs from Cuban’s online pharmacy.

 

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