Save time by listening to our audio articles as you multitaskDrugs in America are notoriously dear. In 2019 spending on prescription medicines came to $1,126 per citizen, twice the figure in other rich counties . Critics like Mr Cuban seek to shake things up. He intends to offer thousands of cheaper drugs by the end of the year. His company buys these directly from manufacturers and sells them to consumers at cost, plus a 15% mark-up and a $3 pharmacy fee.
Competing on price seems like an obvious thing to try in America’s overpriced drug market. A lack of such competition suggests that obstacles get in the way. In the American market for patented medicines, the drug’s inventor has a great deal of pricing power, which has driven prices higher. Developing new therapies is a costly gauntlet of research, clinical trials and regulatory hurdles. All too often it ends in failure. Risks can be reduced by picking well-understood diseases.
If they didn’t hand out patents willy-nilly the price of drugs would drop ?
Why ?😹😹😹
One amazing guy improving hundreds of thousands of lives. Who does that? This man -- mcuban costplusdrugs JoeNBC
This is why LtLollipop9 needed to sell his ASAC_NFT
This is true disruption. Not for the signifocant benefit of the handful of people that have upended the system but predominantly for end-users who finally have an alternative to 'pay lots or stay ill'.
here are my naked photos
He’s a drug baron. There must be a catch.
And make them even more profitable. At our expense.
Fuk no
mcuban is the healthiest version of an ENTP to date, truly an altruistic visionary. Go off king
He did the thing the government supposed to do but fail to do so. Well done
mcuban thanks for trying to help
National media reports a gram of cocaine hasn't raised in 20 years! What inflation?
Cuban is a brilliant, self made billionaire & knows the truth. The drug industry owns the Congress and drug prices in the USA are the biggest ripoff in human history.
When anyone in the US tries to move anything away for the heartless profiteers they get ended fast, hopefully im wrong but history to this date has proved otherwise unfortunately!
WaitWaitWait HoldOnThere
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Again, what he is doing is absolutely fucking amazing!!