![](https://i0.wp.com/shacklemedia.com/wp-content/uploads/2022/06/buying-from-mark-cubans-pharmacy-could-save-medicare-billions-study-says.jpg?w=640&ssl=1)
Medicare’s prescription-drug program could save billions of dollars annually if it purchased generic acid-reflux, cancer and other drugs from a new pharmacy backed by investor Mark Cuban, according to Harvard Medical School researchers.
Mr. Cuban, the billionaire internet entrepreneur and owner of the NBA’s Dallas Mavericks, launched his pharmacy in January with an eye toward disrupting the $365 billion U.S. prescription-drug market by sidestepping health-insurers and selling commonly used generic medicines directly to consumers with a transparent, fixed-rate markup pricing model.
Source: finance.yahoo.com
Related posts:
Snowflake Just Got a "License" to Target an Entirely New Customer Base. Here's What Investors Should...
Elon Musk touts short-term Treasurys as a 'no-brainer,' echoing Warren Buffett and Bill Ackman
The Chinese Auto Empire Coming to the U.S.
It’s Finally Time to Start Buying Stocks, Citi Says. Here’s Why.
Why Are Big Oil Execs Dumping Millions Of Dollars Worth Of Stock?