Mark Cuban Value Plus Drug Firm companions with specialty pharmaceutical distributor

Specialty pharmaceutical distributor Morris & Dickson is partnering with Mark Cuban’s Value Plus Drug Firm (MCCPDC) and the Value Plus Market to make sure entry to important injectable medicines.

MCCPDC provides shoppers a broad vary of low-cost prescription and over-the-counter medication from Nationwide Affiliation of Boards of Pharmacy (NABP) accredited suppliers. 

The Value Plus Market offers hospitals, clinics, surgical procedure facilities, college well being networks and pharmacies direct entry to medicines at decrease prices.

The mix of Value Plus Medicine’ enterprise mannequin, which relies on what the corporate calls “transparency, effectivity and affordability for purchasers,” with Morris & Dickson’s massive distribution community goals to mitigate drug shortages by guaranteeing a gentle provide of uncommon injectable medication, particularly for acute care suppliers. 

The companions tout that also they are working to enhance entry to important medicine at decrease costs for healthcare suppliers of all sizes; present versatile choices with no quantity commitments and streamline the procurement course of through the Value Plus Market platform.

“This partnership reshapes the availability chain for injectable medicines,” Mark Cuban, cofounder of Mark Cuban Value Plus Drug Firm, stated in a press release.

“Collectively, we’re not simply filling gaps, we’re making a extra clear, environment friendly and patient-centered system.”

Jody Hatcher, CEO of Morris & Dickson defined that by partnering with Cuban’s firm, a brand new customary might be set for a way vital medicines are sourced reliably for sufferers. 

“That is about greater than distribution, it is about reworking lives and placing pharmacies and sufferers first,” Hatcher stated in a press release.

THE LARGER TREND

In 2024, eNavvi, an internet pharmacy based by physicians, teamed with MCCPDC to allow physicians to prescribe medicines instantly through eNavvi’s digital prescription pad to greater than 7,000 impartial pharmacies and nationwide grocery pharmacy chains. 

A 12 months earlier than, the 2 corporations joined forces to ship prescription-cost transparency that enabled eNavvi’s Market to supply real-time cash-price transparency on to physicians. 

Digital care staffing and providers firm Wheel, psychological well being platform Talkspace and diagnostic providers firm Well being Gorilla introduced a joint partnership with MCCPDC in 2023. 

Mark Cuban Value Plus Drug Firm partnered with Florida-based PharmcoRx Pharmacy, a well being service group, and tech-enabled Expion Well being to decrease drug costs for shoppers. 

By the partnership, PharmcoRx grew to become a collaborating pharmacy in MCCPDC’s Group Cuban Card, which permits sufferers at PharmcoRx places entry to generic and brand-name medicines at MCCPDC costs.

PharmcoRx markets this system to its current clients and community of native clinics and care practices. By the Expion Well being partnership, the tech-enabled firm built-in MCCPDC’s drug costs into its product suite to decrease the price of specialty medication. 

Additionally in 2023, Avanlee Care, an aged care coordination firm, built-in MCCPDC’s choices into its Ava app to supply inexpensive medicines to caregivers and their family members.