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    Mark Cuban News

    New Dallas discount drug venture from Mark Cuban takes on big pharma

    Teresa Gubbins
    Oct 27, 2021 | 11:19 am
    Austin Photo Set: News_Jeff_teens abusing prescription drugs_feb 2012_pills
    A pill that would ordinarily cost $225 will cost only $20.

    Dallas' top fixer is taking on prescription drugs. Mark Cuban, owner of the Dallas Mavericks, has partnered on a new venture designed to disrupt big pharma and keep the cost of prescription drugs down.

    Cuban is putting his support behind an idea pitched by Alex Oshmyansky, a Dallas radiologist frustrated by a system that, behind-the-scenes, helps promote higher prices.

    The Mark Cuban Cost Plus Drug Company will launch an online pharmacy that will sell 100 of the most-often prescribed generic prescription drugs at a transparent, fixed-rate markup.

    Their first product will be Albendazole, an antiparasitic drug which currently costs around $225 per tablet; Mark Cuban Cost Plus' price will be $20.

    Their cost to make the drug is approximately $13, to which they will add a 15 percent profit margin, charging $15 per tablet wholesale to pharmacies, with a suggested retail price of $20 per tablet.

    "We will let everyone know what it costs to manufacture, distribute, and market our drugs to pharmacies," says the company's website. "We add a flat 15 percent margin to get our wholesale prices. This makes sure we remain viable and profitable. There are no hidden costs, no middlemen, no rebates only available to insurance companies. Everybody gets the same low price for every drug we make."

    They're building a plant at 302 S. Walton St. in Deep Ellum, which will stand as an all-in-one pharmaceutical supplier, combining manufacturing, wholesale distribution, and pharmacy services under one roof. It'll open in fall 2022.

    According to watchdog group the Commonwealth Fund, drug companies have been forced to raise their prices because they're paying rebates to a middle-man group called pharmacy-benefit managers (PBMs), who manage drug benefits for employers, health insurers, and Medicare.

    The Wall St. Journal says that nearly 80 percent of prescriptions in the U.S. are managed by three PBMs: CVS Caremark, Express Scripts and OptumRx. An analysis showed that drug manufacturer rebates to PBMs increased from $39.7 billion in 2012 to $89.5 billion in 2016.

    PBMs like the more expensive drugs because they get a bigger rebate.

    Oshmyansky told the WSJ that the current system is "cumbersome and broken."

    "We decided the only way to get our drugs to the people who need them is to build a parallel supply chain where we have control of all the intermediary players and ensure the same level of transparency at every level," he said.

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    UT Southwestern declared No. 69 best university globally in new report

    Amber Heckler
    Jun 5, 2026 | 11:29 am
    UT Southwestern Medical Center in Dallas is the No. 2 best hospital in Texas, and No. 1 in Dallas-Fort Worth.
    Photo courtesy of UT Southwestern
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    Dallas' UT Southwestern Medical Center is soaring toward the top of the class worldwide. The Center for World University Rankings (CWUR) has ranked UT Southwestern at No. 69 in the world on its prestigious Global 2000 list for 2026.

    UT Southwestern also ranks as the No. 2 university in Texas and No. 34 in the U.S.

    Each year, CWUR grades more than 21,000 universities around the world based on four factors without relying on surveys and university data submissions: education (25 percent), employability (25 percent), faculty (10 percent), and research (40 percent). For the 2026 edition, 81 million outcome-based data points were analyzed for the rankings, and the schools that placed at the top made the Global 2000 list.

    Here's how CWUR ranked UT Austin's performance across the four categories:

    • No. 43 – Faculty rank
    • No. 43 – Education rank
    • No. 178 – Research rank
    • Unranked in employability
    UT Southwestern often gets ranked as one of the best educational institutions, and it's also one of the best hospitals in Texas.

    A total of 313 universities in the U.S. made the cut, and only two other Texas universities earned spots among the top 100: The University of Texas at Austin and Texas A&M University in College Station. UT Austin ranked No. 1 statewide, No. 22 nationally, and No. 35 globally; and Texas A&M ranked No. 3 statewide, No. 44 nationally, and No. 91 globally.

    In the past year, U.S. News and World Report, Forbes, and WalletHub, have praised the home of the Longhorns as one of the best universities in America. It's a listmaker's favorite in other global ranking reports, including those that focus on graduate schools. UT has maintained its high-ranking status in these annual rankings even as university leaders face criticism from students for closing and consolidating several programs.

    These are the top 10 best universities in the world for 2026, according to CWUR:

    • Harvard University
    • Massachusetts Institute of Technology
    • Stanford University
    • University of Cambridge
    • University of Oxford
    • Princeton University
    • University of Pennsylvania
    • Columbia University
    • Yale University
    • University of Chicago
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