The billionaire owner of Cost Plus Drugs is giving the Trump administration’s announced website, TrumpRx.gov, a «B» for now.
Mark Cuban is giving President Donald Trump’s new direct-to-consumer online drug store venture a «B» — for now.
Trump announced on Tuesday that he plans to launch a government-run website, called TrumpRx.gov, for consumers to buy prescription drugs directly from manufacturers on the site without the involvement of Pharmacy Benefit Managers as intermediaries. According to NPR, the administration expects to release the website in 2026.
Cuban, the billionaire venture capitalist, commented on X that this would be good for patients and could actually boost business for his Cost Plus Drugs, which runs on a similar model. He said that the administration has «some great people working on this project», but he would «give the program, and what we know, as of today, a grade of B.»
«Why not an A? The stock prices of PBMs didn’t get crushed», wrote Cuban. «Which means, so far, no one expects much change for them.
