Mark Cuban's Drug Company Takes on Big Pharma

The newly launched Mark Cuban Cost Plus Drug Company, which aims to provide hundreds of commonly used prescription medications to patients at steep discounts, officially opened for online orders earlier this year. Using Truepill, a health tech platform, to fill and deliver prescriptions, the company keeps prices down by cutting out pharmacy benefit managers. Leader’s Edge caught up with co-founder Alex Oshmyansky, a medical researcher and former professor at Stanford University, and Ron Harrison, the company’s vice president of business development, at The Council’s Legislative & Working Groups Summit, to hear about the company’s goal to curb drug costs by working both as a retailer and its own PBM.