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As of June 2022, the company had a selection of over 100 generic drugs, and by March 2023, over 350 drugs were available. In
December 2023, the company has over 2200 drugs available. The drugs are sold for a price equivalent to the company's cost plus 15% markup, a $ 5 pharmacy service fee, and a $ 5
164:. 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. The company claims that the intermediary layer of the
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is typically responsible for the heavy markup that drugs see between the manufacturers and the customers. The company uses
Truepill Pharmacy's accredited pharmacists to fill prescriptions. Prices are direct to consumer, without any need or role for insurance.
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shipping fee (an unusually transparent move). The company currently ships to all 50 US States.
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Mark Cuban Aims To
Disrupt A $ 365 Billion Industry – With The Only Startup That Bears His Name
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The company was launched in
January 2022. It was co-founded by
343:(Press release). January 19, 2022 – via PRNewswire.com.
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The Truth About Amazon’s Really Cheap
Generic Drugs
319:"Mark Cuban's audacious cure for high-priced drugs"
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196:References
179:Deep Ellum
173:Operations
162:Mark Cuban
145:strategy.
96:Mark Cuban
87:Key people
63:Mark Cuban
423:Slate.com
391:June 19,
386:Newsweek
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270:June 19,
244:June 26,
219:June 19,
55:Founders
47:Industry
323:Inc.com
102:Website
76:, Texas
183:Dallas
127:MCCPDC
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450:2023
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