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Mark Cuban: “Wholesalers buy drugs at the list price and then they sell…”

Featuring: Mark Cuban, Libertarian | Businessman, Investor, Television Personality | National

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Senator Justice Questions Witness at Senate Aging Committee Hearing - October 22, 2025

Published | Video Starts at 02:28

What kind of pressures are the PBMs putting on these pharmacies? It's horrific. So I mentioned in my testimony that first of all, the Wholesalers buy drugs at the list price and then they sell to the pharmacies at just under the list price. which means those independent pharmacy small businesses are out a lot of money. So for instance, on an eloquent $600 point price, they're out $570 and they need to collect that money back as soon as possible. (02:28–02:36)

CLAIM

Asserts that wholesalers sell drugs to pharmacies at just under the list price.

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