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Billionaire Mark Cuban Launches Generic Drug Company Cost Plus

25Jan By AdityaNo Comments

News

Billionaire Mark Cuban Launches Generic Drug Company Cost Plus

Entrepreneur & Investor Mark Cuban has launched a low cost generic drug company called the Mark Cuban Cost Plus Drug Company. According to the company, its first product which is Albendazole, an antiparasitic drug that currently has a market price of approximately $225 per tablet is going to cost only $20 per tablet in retail price. The Mark Cuban Cost Plus Drug Company will make and distribute the Albendazole drug approximately $13.00 per tablet added with 15% profit margin. So the final cost for a wholesale price to pharmacies, clinics, hospitals, etc will be $15 per tablet. "Our low cost albendazole product allows physicians to affordably treat hookworm outbreaks throughout America that were previously too expensive to treat systemically before.", the company sai...

Mark Cuban Invests in Ready, Set, Food! After Shark Tank Appearance

22Jan By AdityaNo Comments

FUNDING

Mark Cuban Invests in Ready, Set, Food! After Shark Tank Appearance

LOS ANGELES, Jan. 20, 2020-- Ready, Set, Food!, a leader in all-natural food allergy prevention products for babies raises $350,000 from Mark Cuban, after their appearance on ABC's Shark Tank. Cuban, who is known for his skepticism towards health companies that appear on Shark Tank, partnered with Ready, Set, Food! because of the indisputable science supporting the company's approach to make early allergen introduction easy for families everywhere. "Food allergies are a growing problem across the world. I'm excited to partner with Ready, Set, Food! to start to reverse this growing epidemic and make families lives better," said Cuban. Ready, Set, Food! was developed by an all-star team of physicians, and advised by leading experts in allergy research, including Dr....

Mahmee Raises $3M From Mark Cuban, Serena Williams

16Jul By PriyankaNo Comments

FUNDING

Mahmee Raises $3M From Mark Cuban, Serena Williams

LOS ANGELES, July 15, 2019- Mahmee, a data-driven maternal and infant health tech company building the missing digital infrastructure to connect the maternal health industry and prevent critical gaps in care, announced $3M investment from Mark Cuban, Serena Williams (through Serena Ventures), and others. The round is led by Arlan Hamilton's ArlanWasHere Investments, with support from Revolution's Rise of the Rest Seed Fund. They join previous investors Cross Culture Ventures, Acumen America, The Helm, Backstage Capital, Bumble Fund, Pipeline Angels, and others. Moms and babies are falling through the cracks of a fragmented health care industry. This is one of the reasons why the U.S has become one of the most dangerous places in the developed world to give birth, with 700 mothers dying...

Top 5 Entrepreneurs You Should Follow On Twitter

14Jul By Gauri SinghNo Comments

INSPIRATIONAL

Top 5 Entrepreneurs You Should Follow On Twitter

How many of you are active on Twitter? Well, nowadays, the social media networking has become a vital part of our lives and through these platforms, we get to know a lot about the happenings and latest trends of the world. Twitter is the most popular platform for following all the well-known personalities of the world. Twitter has various verified profiles that have proved to be the most successful ones. The people can follow these Twitter accounts and follow the happenings in their life. Here, we have some of the most active entrepreneurs that keep their Twitter profile up to date, and following them can help their followers in various aspects. 1) Anand Mahindra The chairman and managing director of Mahindra Group, Anand Mahindra has taken ...

1Feb By AnkitaNo Comments

FUNDING

Indian Student From Yale Received Funding From Mark Cuban

Shaan Patel the MBA student from Yale University’s School of Management received $250,000 investment from famous Entrepreneur Mark Cuban for 20% of his SAT prep company. The funding pitch happened on America's favourite startup show "The Shark Tank". It took a lot of fast talk on TV to get that money and he had to give up twice as much of his company as he originally wanted. But he left with an endorsement and cash from Shark Tank’s highest profile entrepreneur. 2400 Expert Sat Prep, Patel’s startup, has racked up $1.2 million in revenues in the past four years. Patel claims that his in-person and online courses, which respectively retail for $999 and $599, boast an average SAT improvement of 370 points. The Story of Investment at Shark Tank- But most of the investors at Sha...