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NewsBytes Profile picture
@NewsBytesApp
Jun 20, 2022 • 6 tweets • 3 min read • Read on X
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Billionaire Mark Cuban has received widespread praise this weekend for selling low-cost prescription medicines through his start-up Cost Plus Drug Company launched earlier this year. Here are more details. @mcuban #costplusdrugs
newsbytesapp.com/news/world/mar… Image
Cuban started the company with the tagline, "No middlemen. No price games. Huge drug saving." The firm purchases large quantities of high-demand pharmaceuticals and sells them to customers at a 15% markup, which is far lower than rivals' prices. Image
"When you get your medicine from Cost Plus Drug Co., you'll always know exactly how we arrived at the price you pay," he said adding that the company would pass savings to the buyers as and when costs decrease. Image
Cuban's drug company went viral on social media after several people talked about how much money they saved using the prescription drug website. Meanwhile, Cuban says the site only sells 100 drugs at the moment but they plan to expand to sell over a thousand drugs within a year. Image
"I just got a three-month supply of two of my prescriptions with shipping for a total of $20," said a Twitter user. "With insurance co-pay, I was paying $200 [for a three-month's supply] before." Another said, "My mom's monthly prescription is only $14 on there, down from $270." Image
As per its website, Cost Plus presently stocks over 700 generic medications manufactured by its supplier network. It has medicines for a wide range of chronic illnesses, from diabetes to cancer, hypertension & high cholesterol & problems from arthritis to allergies. Image

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More from @NewsBytesApp

NewsBytes Profile picture
Nov 14, 2022
Google announced the Doodle for Google 2022 competition winners, flagging off Children's Day celebrations in India. Shlok Mukherjee from Kolkata has been declared the winner out of 115,000 entries from over 100 cities by participants between Grades 1-10.
newsbytesapp.com/news/lifestyle…
Mukherjee wrote, "In the next 25 years, India will have scientists develop their own eco-friendly robot for humanity's betterment. India will have.. intergalactic travels from Earth to space. India will develop more in the field of yoga & Ayurveda..."
"We were especially heartened that the advancement of technology and sustainability emerge as common themes across many of the Doodles," Google said. For the theme "In the next 25 years, my India will...," Google's team of judges finalized 20 doodles.
Read 5 tweets
NewsBytes Profile picture
Nov 14, 2022
FTX and its talismanic leader Sam Bankman-Fried have fallen from the upper rungs of the crypto universe. Of course, his inner circle is under investigation. Among them is Nishad Singh, an Indian-origin engineer who was also his housemate. Today's story is about him. #SBF_FTX 1/6
Singh joined FTX as its Director of Engineering in 2019. Prior to that, he was part of its sister organization Alameda Research, which is at the center of the current controversy. He had joined Alameda in 2017. More on the controversy later. 2/6
Singh’s resume is top notch. He studied at Crystal Springs Uplands School, a top private school in California. He graduated from the University of California, Berkley, with a bachelor's degree in electrical engineering and computer science. He had also worked as at Facebook. 3/6
Read 6 tweets
NewsBytes Profile picture
Oct 26, 2022
As Rishi Sunak emerged victorious in the race to become United Kingdom's prime minister—the third in two months—on Monday, over 7,000 kilometers away, Indians were celebrating that he has proved "Winston Churchill" wrong. Read on for the complete story.
newsbytesapp.com/news/world/ris…
In light of Indian-origin Sunak's appointment as the UK PM, Indians are celebrating that Indian-origin people have proved their mettle to show Churchill was wrong. Post-independence, India has been swiftly growing & is the world's biggest democracy & a major trade destination.
As Indians were celebrating the takeover by an Indian-origin man as the premier of the UK—accused of looting India during its rule—Indian billionaire businessman Anand Mahindra found a unique way to be part of the celebrations.
Read 7 tweets
NewsBytes Profile picture
Oct 25, 2022
Have you wondered about the veracity of stories regarding unidentified flying saucers? We may soon get an answer. NASA has established a first-of-its-kind panel to study unidentified aerial phenomena (UAP) or unidentified flying objects (UFOs).
newsbytesapp.com/news/science/n…
A group of 16 scientists will spend the next nine months looking into events involving bizarre flying objects or unnatural phenomena. Over the course of this period, NASA's new panel will study about UAPs & lay the foundation for future studies on them by NASA & other agencies.
The team will analyze data gathered from various sources. This data will be analyzed to see if they shed any light on UAPs or not.
Read 7 tweets
NewsBytes Profile picture
Oct 25, 2022
Rishi Sunak scripted history on Monday after winning the race to lead the Conservative Party & became the PM of the United Kingdom. The attention is now on his wife—Akshata Murty too, as they move into 10 Downing Street. Here's more about her.
newsbytesapp.com/news/world/abo… Image
Sunak was on Tuesday officially appointed as the 57th UK PM by King Charles III. The former British finance minister, who is of Indian origin, is also the first-ever Hindu prime minister of the UK. Image
Born to Indian billionaire and Infosys co-founder Narayana Murthy and author-turned-philanthropist Sudha Murthy in 1980 in Karnataka's Hubli, Akshata Murty had a modest upbringing. She initially lived with her grandparents as her parents built their careers in Mumbai. Image
Read 8 tweets
NewsBytes Profile picture
Oct 25, 2022
India recorded its lowest number of daily COVID-19 cases in 196 days, or more than 6 months, with a three-digit tally of 862 on Tuesday. The total number of active cases has also dropped below 23,000 as per data from Union Health & Family Welfare Ministry.
newsbytesapp.com/news/india/cov…
Nearly 65L people died worldwide as a result of several waves of COVID-19, which were initially recorded in November 2019 & quickly put everything on halt. Some studies claim 94L more people (compared to the reported global total) died between January 2020 & December 2021.
Total number of confirmed cases in India so far stands at 4,46,44,938, while number of deaths reported in the country on Tuesday climbed to 5,28,980 since the beginning of the pandemic. The recovery rate currently is 98.76%, with 4,40,93,409 patients having recuperated so far.
Read 5 tweets

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