Buying From Mark Cuban’s Pharmacy Could Save Medicare Billions, Study Says

Medicare’s prescription-drug program may save billions of {dollars} yearly if it bought generic acid-reflux, most cancers and different medication from a brand new pharmacy backed by investor Mark Cuban, in response to Harvard Medical School researchers.

Mr. Cuban, the billionaire internet entrepreneur and proprietor of the NBA’s Dallas Mavericks, launched his pharmacy in January with an eye fixed towards disrupting the $365 billion U.S. prescription-drug market by sidestepping health-insurers and promoting generally used generic medicines on to shoppers with a clear, fixed-rate markup pricing mannequin.