The partnership allows Cost Plus Drugs program participants to pick up their prescriptions at the chain’s pharmacies.
DALLAS — Mark Cuban’s Dallas-based Cost Plus Drugs company is partnering with a large supermarket chain to allow program participants to pick up their prescriptions at its pharmacies.
Giant Eagle, a supermarket chain with more than 200 stores across five states, including Pennsylvania, Ohio, West Virginia, Maryland and Indiana, announced this week it was joining Cost Plus Drugs’ retailer network.
As part of the partnership, Giant Eagle pharmacy customers that participate in the Cost Plus Drugs program can pick up qualifying prescriptions at their pharmacy locations. Team Cuban pharmacy benefit cards can be used at Giant Eagle pharmacy locations and other Cost Plus Drugs affiliate companies as part of the partnership.
“We pride ourselves on running a nationally recognized pharmacy and drugstore business where our licensed pharmacists and pharmacy technicians are committed to delivering trusted, personalized care,” said Giant Eagle CEO Bill Artman. “Being part of the Cost Plus Drugs network ensures that our services are available to as many people across our communities as possible.”
Cost Plus Drugs, which was launched by the billionaire part owner of the Dallas Mavericks in 2022, sources medications directly from manufacturers and via partnerships with wholesalers to sell directly to customers in an effort to reduce the cost of medications. Additionally, Cost Plus Drugs operates its own manufacturing facility in Dallas.
“Our goal is to dramatically reduce the cost of drugs,” said Cuban. “But we also think that it is just as important to introduce transparency to the pricing of drugs so patients know they are getting a fair price. Partnerships with retailers like Giant Eagle Pharmacy help us move our mission forward.”
The Pittsburgh Business Times reports the partnership comes after Giant Eagle bought the prescriber lists for 78 Rite Aid stores as the pharmacy chain goes through bankruptcy and is in the process of going out of business or selling its assets.
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