Mark Cuban turns down new business opportunities on Shark Tank by declaring “I’m out!” But when it comes to generic drugs, Cuban is now all in.
In an unexpected move, the high-profile billionaire has launched the Mark Cuban Cost Plus Drug Company, which its website says is “dedicated to producing low-cost versions of high-cost generic drugs” and claims that everyone will get the same low price for every drug it makes.
The $160 million PIPE is led by investors including Social Capital, led by Chamath Palihapitiya and existing Metromile shareholder Mark Cuban. Palihapitiya tweeted today that Warren Buffett has. Mark Cuban was born on July 31, 1958, in Pittsburgh, Pennsylvania. Cuban had a typical middle-class childhood. His father, Norton, spent nearly half a century working at a car upholstery shop.
Unlock this article by subscribing to STAT+ and enjoy your first 30 days free!
What is it?
STAT+ is STAT's premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond.
- Daily reporting and analysis
- The most comprehensive industry coverage from a powerhouse team of reporters
- Subscriber-only newsletters
- Daily newsletters to brief you on the most important industry news of the day
- STAT+ Conversations
- Weekly opportunities to engage with our reporters and leading industry experts in live video conversations
- Exclusive industry events
- Premium access to subscriber-only networking events around the country
- The best reporters in the industry
- The most trusted and well-connected newsroom in the health care industry
- And much more
- Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr.
Fox News Flash top headlines for June 1
Mark Cuban House Tour
Fox News Flash top headlines are here. Check out what's clicking on Foxnews.com.
Dallas Mavericks owner Mark Cuban delivered a message for “white people” on social media in the wake of the police-involved death of George Floyd and the protests it sparked.
Cuban, who was in Dallas on Sunday to participate in a vigil to honor the memory of Floyd, tweeted a letter from Emerson College president M. Lee Pelton and wrote that white people need to make a change in their lives. Driver printer epson lx 300 for mac.
Mark Cuban Biography
“Dear White People: We are the ones that need to change. This is not one man's story. This is almost every black man's story. Which is why the problem is ours. We need to find OUR way to change what we do. There is no quick fix. It's a moral imperative,” he tweeted.
When asked what specifically he needs to change, Cuban responded: “I used to think treating people equally meant treating them the same. Like it was a math equation. I was wrong. I’m learning that treating people equally means treating them with equal amounts of respect, for who they are and what they have experienced.”
Mark Cuban Net Worth 2020
Cuban is among the owners, players and coaches in the professional sports realm who have spoken out about racial injustice since Floyd’s death.
Mark Cuban House
Floyd’s police-involved death last week kicked off widespread protests and unrest across the nation. Video showed Floyd was in custody when Minneapolis police officer Derek Chauvin held his knee on the man’s neck. Floyd screamed for help and later died. Chauvin has been charged with third-degree murder and second-degree manslaughter, authorities said Friday.
Mark Cuban Wife
Three other officers who were there for the arrest were fired from the department but not arrested or charged.