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It doesn't cut out any middlemen. It adds one middleman - Mark Cuban. Literally all he is doing is buying wholesale and selling retail with a markup. He's ev
by ALittleLight 5y ago
It doesn't cut out any middlemen. It adds one middleman - Mark Cuban. Literally all he is doing is buying wholesale and selling retail with a markup. He's even powered by an existing online pharmacy company (truepill).
If you look up details about his factory it's supposed to be built sometime next year. On Google maps, looking at the address, I wasn't able to see any evidence of this place existing. It's also supposed to employ 60-80 people, which, seems small to take on drug manufacturing.
- s1artibartfast 5y ago>It doesn't cut out any middlemen. I listed two, do you disagree that they are removed?
- Scoundreller 5y agoIs there a pharmacy that requires the use of an insurance company or a PBM? I thought involving them was always voluntary (and someones people would pay 100% of the “cash” price because it can be less than a copay).
- s1artibartfast 5y agoYes for PBM because that is where the pharmacy buys the drug, not the manufacturer. Manufacturers usually can't sell direct to pharmacies. You can usually pay cash at a pharmacy, skipping insurance
- Scoundreller 5y agoThe pharmacy will buy the drug from a distributor, not the PBM. The PBM manages the insurance. These may all be standalone operations, or one corp with its hands in each pocket: PBM, pharmacy, insurer and distributor.
- s1artibartfast 5y agoThat is correct. My point was to highlight that there is a lot more to the supply chain than manufacturer to pharmacy, with intense negotiations and fake pricing at each step