Episode 1518

Solving prescription drug pricing in the US with Cost Plus Drugs & Capital RX CEOs | E1518

Jul 26, 20221:26:25Watch on YouTube

0:00 Molly intros today's two interviews

3:22 Mark Cuban Cost Plus Drugs Company CEO and Founder Alex Oshmyansky on operating a startup while still being a practicing doctor and Cost Plug Drugs' business model

11:21 Harmonic - Get $4000 off at https://harmonic.ai/twist

12:43 Alex explains the state of the US drug space, why they're trying to build a "parallel supply chain", the importance of transparency, and the origin story of the company

23:44 Prometheus - Go to https://prometheusalts.com or download it on the App Store and use the access code TWIST to sign up

25:11 Drug production, hot button drug issues

32:16 Alex explains the "financial engineering" and profiteering in the prescription drug space

39:15 BairesDev - Go to https://baires.dev/twist and get $10,000 off when you sign your first contract

40:35 Molly intros the next guest: Capital RX CEO AJ Loiacono, who explains the convoluted and opaque pharmaceutical supply chain

54:30 Understanding PBMs (pharmacy benefit managers) and the broader healthcare industry

1:04:09 AJ gets into his background, starting Capital RX, and how it fits into the ecosystem

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Check out Mark Cuban Cost Plus Drug Company: https://costplusdrugs.com

Check out Capital Rx: https://www.cap-rx.com

FOLLOW Alex: https://twitter.com/alexosh

FOLLOW AJ: https://twitter.com/cap_rx

FOLLOW Jason: https://linktr.ee/calacanis

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Thanks to our partners:

11:21 Harmonic - Get $4000 off at https://harmonic.ai/twist

23:44 Prometheus - Go to https://prometheusalts.com or download it on the App Store and use the access code TWIST to sign up

39:15 BairesDev - Go to https://baires.dev/twist and get $10,000 off when you sign your first contract

Listen here:

Apple: https://podcasts.apple.com/us/podcast/this-week-in-startups-audio/id315114957

Spotify: https://open.spotify.com/show/6ULQ0ewYf5zmsDgBchlkr9

Overcast: https://overcast.fm/itunes315114957/this-week-in-startups-audio