Cuban praises Harris for joining him in his fight to lower drug prices

On Sunday evening, the Harris campaign unveiled its policy platform on their website.

The broad platform covers several areas, from abortion, crime, healthcare, housing and national security.

“As she did as vice president, she will take on Big Pharma to lower drug prices and contain insulin costs, not just for seniors, but for all Americans,” the Harris campaign wrote in a section on keeping drug prices affordable.

Cuban’s support for such policies should come as no surprise given his work at Mark Cuban Cost Plus Drugs Co., a low-cost online pharmacy he co-founded in 2022 .

Unlike most of its competitors, Cost Plus Drugs cuts costs by sourcing drugs directly from manufacturers and cutting out the pharmaceutical middleman and their additional costs.

Cuban customers would pay a 15 percent markup to Cost Plus Drugs, as well as a flat $5 labor fee for each drug and $5 for shipping.

“We are completely transparent, with the same price for anyone and everyone,” Cuban told Business Insider’s Hilary Brueck in an article published in August.

“We believe that when all data is transparent, then the market becomes efficient. At that point, prices will drop significantly.”

Cuban did not immediately respond to a request for comment sent outside regular business hours.