The Ledger
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Cost Plus Drugs manufactures generic pills cheaper domestically than in Asia
“And so we can make generic pills here in the United States cheaper than what we can buy them for from India or China.”
FDA $365,000 application fees are the primary barrier to domestic generics
“Our biggest inhibitor and why we haven't done it yet is all the fees that the FDA charges. So it's about 365,000 dollars to set up what's called an end on new drug application.”
Cuban: Cost Plus Drugs is working to expand into medical services
“And we're changing an industry and we won't stop just with pharmaceuticals. We'll, we're working to get into the medical side as well.”