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Billionaire Mark Cuban Launches Generic Drug Company Cost Plus

25Jan By AdityaNo Comments

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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

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....

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...