Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

FakeNoose

(38,461 posts)
Wed Aug 6, 2025, 08:27 AM Aug 6

Mark Cuban venture, Giant Eagle to partner on prescription drug offerings

Pittsburgh Post-Gazette link: https://www.post-gazette.com/business/healthcare-business/2025/08/06/mark-cuban-giant-eagle-partner-prescription-drugs/stories/202508060030

As pressure to drop prescription prices continues to mount nationally, grocery chain Giant Eagle will announce Wednesday that it is teaming up with a Mark Cuban-venture that has been pushing a model meant to be more transparent and offer lower costs to consumers.

Giant Eagle Pharmacy plans to partner with Mark Cuban Cost Plus Drug, a company that carries the name of the Mount Lebanon native and Dallas Mavericks owner, with the company’s CEO and Mr. Cuban giving more details about the deal in Robinson at an early afternoon event.

Dallas-based Cost Plus Drug Co., which was incorporated as a for-profit public benefit corporation, focuses on keeping prices down with a process that discloses the prices it pays manufacturers for prescription drugs and then adds a 15% markup.

Although the Cost Plus Drugs program already has ties to some smaller pharmacy operations in the Pittsburgh region, Giant Eagle says the partnership will give the program access to customers in the five states where it has stores.
- more at link -

More information will be available after this afternoon's press conference.

3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Mark Cuban venture, Giant Eagle to partner on prescription drug offerings (Original Post) FakeNoose Aug 6 OP
Giant Eagle is Pittsburgh based and Mark from there. Good partnership. Giant Eagle does nearly $10b in revenue annually. twodogsbarking Aug 6 #1
Yes and the Giant Eagle pharmacies are taking over in a lot of areas FakeNoose Aug 6 #2
Giant Eagle just picked up a lot of RiteAid pharmacy customers Deminpenn Aug 13 #3

twodogsbarking

(15,421 posts)
1. Giant Eagle is Pittsburgh based and Mark from there. Good partnership. Giant Eagle does nearly $10b in revenue annually.
Wed Aug 6, 2025, 09:35 AM
Aug 6

FakeNoose

(38,461 posts)
2. Yes and the Giant Eagle pharmacies are taking over in a lot of areas
Wed Aug 6, 2025, 01:05 PM
Aug 6

I think Giant Eagle is one of the reasons why CVS, Walgreen, Rite Aid and others aren't doing so great.

Deminpenn

(16,961 posts)
3. Giant Eagle just picked up a lot of RiteAid pharmacy customers
Wed Aug 13, 2025, 05:47 AM
Aug 13

when the local RiteAids closed. This partnership seems to be mutually beneficial.

Latest Discussions»Region Forums»Pennsylvania»Mark Cuban venture, Giant...