Mark Cuban Cost Plus Drug Company Joins Forces with ALICORN to Bring Affordable Medications to Employers

Washington, D.C. – October 20, 2024 – The Mark Cuban Cost Plus Drug Company, PBC (Cost Plus Drugs), and ALICORN INC., a leading provider of technology platforms and services have teamed up to offer affordable prescription medications to employers across the U.S. This relationship leverages ALICORN’s innovative technology to deliver transparent and accessible healthcare solutions to employees and their families.

Employees and family members at ALICORN’s customer companies will have instant access to affordable medications by simply texting AVA™ by ALICORN, a virtual assistant. Within seconds, AVA™ provides users with the price and a link to purchase the medication. This streamlined process is set to become the fastest and easiest way to connect employees with the medications they need at Cost Plus Drugs’ affordable pricing.

"We are thrilled to collaborate with ALICORN in our mission to make prescription drugs more affordable for consumers," said Alex Oshmyansky, CEO of Mark Cuban Cost Plus Drug Company. “At Cost Plus Drugs, our commitment to transparent drug pricing has always been unwavering, and with ALICORN we are dedicated to providing affordable and accessible healthcare solutions for all."

Praveen Mooganur, CEO of ALICORN, added, “Our collaboration with Mark Cuban Cost Plus Drug Company represents a significant step toward ensuring employees and their families have access to affordable prescription medications. With the integration of AVA™ by ALICORN, we’re simplifying the process and bringing transparency and savings to millions of employees across the country.”

The collaboration allows employers to offer their workforce a highly effective way to reduce healthcare costs while ensuring that their teams have quick and easy access to necessary prescription medications.

About Mark Cuban Cost Plus Drug Company, PBC

The Mark Cuban Cost Plus Drug Company, PBC (Cost Plus Drugs) aims to fundamentally change the way the pharmaceutical industry operates. As a public-benefit corporation, its social mission of improving public health is just as important as the bottom line. Cost Plus Drugs transparently charges a standard markup on every drug it sells. The costplusdrugs.com online pharmacy launched in January 2022 now carries over 2,300 prescription products, delivered by mail to thousands of happy customers every day. Customers can also go to participating retail pharmacies to receive Cost Plus Drugs pricing through the Team Cuban Card. Cost Plus Drugs is working with health plans, managed care organizations, pharmacy benefits managers (PBMs) and self-insured employers to bring these same savings to employer-sponsored benefit plans nationwide.