Mavericks owner Mark Cuban launches low-cost, online pharmacy

A recent Gallup poll found 18 million Americans were unable to pay for a prescription medication due to rising costs, and one in ten have had to skip doses.

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That's why Dallas Mavericks owner Mark Cuban just launched a new online pharmacy that sells drugs for at much lower costs. 

Thousands of people have already signed up since the site opened on Wednesday. 

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It's called Mark Cuban Cost Plus Drug Company. A company statement says it's starting with 100 drugs it purchases directly from manufacturers, cutting out the middlemen and markups. 

It says, for example, the leukemia drug Imatinib retails for $9600 a month, the lowest price with a common voucher is $120 a month, and on Cost Plus Drug it's 47 a month. 

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And Mesalamine, a treatment for ulcerative colitis, retails for $940 a month, the lowest price with a common voucher is $102 a month but is listed on Cost Plus Drug at $32.40 a month. 

It says prices are set by the manufacturer's price, plus a 15% margin and a $3 dollar pharmacist fee.

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Cost Plus does not accept insurance, so customers will need to pay cash. It has partnered with digital healthcare company Truebill, which facilitates transactions and delivery. 

Cost Plus is building a factory in Dallas. 

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