13min chapter

The Data Chief cover image

How Mark Cuban Wins with Data for Affordable Drugs, Sports, and Developing AI Talent

The Data Chief

CHAPTER

Transparency in Pharma: The Cost Plus Drugs Model

This chapter explores the innovative business model of Cost Plus Drugs, which aims to enhance transparency in the prescription drug industry by directly purchasing and manufacturing medications with clear cost breakdowns. It discusses the implications of transparent pricing, the challenges posed by intermediaries like pharmacy benefit managers, and the ethical considerations surrounding drug pricing strategies. By examining real-life examples and the potential for substantial savings, the chapter sheds light on the intricate dynamics of drug pricing and the importance of data accessibility for consumers and industries alike.

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