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Mark Cuban Launches Online Pharmacy w/ Cheaper Medicine (ft. Ritesh Rajan)

#coverage#indian#ninjas#retail#price
the transcript auto-captions · entered into evidence

0:00 [Music] mr mark cuban launches an online pharmacy to provide cheaper medicine to the masses final ████ lead what a ████ cool guy taking on big farmer this guy he uh launched mark cuban's cost plus drug company aka literally it's mcc pdc okay launched its online pharmacy on wednesday offering a hundred different genetic drugs ranging from cancer medication to mental health medicine and the company's focus is to help shield people from inflated drug prices is it live now or is it like it's live now it's live now wow it's live now so ultimately he pretty much is acting as a wholesaler and making and the whole kind of motif of it is to be absolutely transparent with costs so everything that he's providing for people is at manufacturers costs plus 15 percent

0:53 and then there's like a three dollar pharmacist fee wow but what you what ends up happening is that for example the retail price for a drug like and i'm going to butcher this because i'm not pronouncing hyperpacman imatinib imaginative i don't know which treats leukemia usually runs upwards of 9 500 per month but according to a press release from the new company the lowest price you might pay with the common voucher is 120 per month right so his company is bringing that to people at 47 what a ████ guy bro imagine like this this if this lasts which i hope it does he's going to change the whole ████ world dude like this is life-changing ████ forever being a huge pharmaceutical factory that's 22 000 square feet in texas right now uh that's gonna be done by the end of the year that's incredible do you think there's gonna be big pharma assassins and ninjas that are trying to

1:44 assassinate his ass dude yeah he's also a billionaire too right so he's got his own ninjas yeah counter ninjas ████ houston rocket ninjas i mean my dad was uh he had he got prescribed cialis for blood pressure even though it's like that's a dick medicine and then he was like hey uh right like um go to this like right to this address and it was in canada and i was like what the ████ and he goes my doctor told me if you get the name brand it'll be like i don't know three g's or some ████ like that and then if you get it from and you have to get it i don't know every quarter or something like that and then he was like but if you go through this route they'll fulfill the order but ship it to my house and it'll only be a couple hundred bucks you know i'm like what the ████ it's crazy the middle man that's the whole point cutting out the middleman

2:34 wholesale the middleman is on average minimum over 100 markup on genetic drugs minimum and and with many pharmaceutical companies doing uh a one thousand percent markup capitalism one thousand percent that's why we need universal health care people will be like no i want to pay for it i'm like all right it says that about 18 million people in the us were unable to pay for at least one prescription medication for their household according to a september 2021 gallup poll and additionally some 10 of americans have skipped doses of medication in order to save money that's insane you know what's crazy too is that the government um blows a ████ ton of money on medicare right but then they don't ████ bargain for these prices either so they just accept sometimes they even pay more and full retail when they're buying so much drugs in bulk and

3:24 it's like hmm you know you guys have all this money you could probably get a lower price and wholesale price while you're buying it for retail makes no sense to me so they can pass it to us yeah and mark it up baby everyone just has these handshakes in the back when i was working in supply in the military like i could see the cost of everything i remember just like like you know when you're bored you just type it in whatever and i would type in like springfield armory um m16 and i'm like 800. i mean that's how much it is at like turner's or something i'm like if the government is buying thousands or of these shouldn't it be like 300 yeah and i'm like damn i started looking at everything and i'm like holy ████ they're just buying all this ████ at retail so they're just everyone's just like hey buy a million of these off of you and then you sell it to me at full price okay okay see what they need is every

4:16 one of these deals needs an asian person to negotiate two and a half oh yeah one only one one does he one if it's two it's too many cooks in the kitchen you just need so it doesn't matter what asian country you just need a on asia but if you had to pick one you had to only pick one asian foreign i'm obviously going to be partial to indians okay all right that's your bias that's that's fine you know i i know my people i like it like everyone else knows their people who gets the cheaper price indian or chinese you're about to start world war three i think they're very they're they're they're really good negotiations might be the last episode of jk news [Laughter] indians are great when i when my first job when i worked at uh basically what is t-mobile now in cerritos mall you know when you had to like shark phones to people hey you got a phone bro yeah and like not everyone had phones but the indian customers i would get yeah they made me rethink what i could and

5:07 couldn't do he's like yo he's like this dude is like how come no coverage on this side and i was like oh we don't have coverage over here there for that and he's like why not and i was like yeah why not [Laughter] he was like i'll only get it if i get coverage here that's what i'm saying maybe we can get some towers up for you man like [Laughter] he's like climbing the electrical pole putting it up before his cost back then no phone company had full coverage anyway yeah it was you just got the coverage based on what like you could get singular if you only wanted this singular these indian dudes and cerritos were dope imagine just like one single just indian auntie negotiating for all of them machine that's not going to work for me

5:59 you know bullets are okay the gun needs to go down you're like all right ████ it we gotta do it too [Music] it's like something that's beyond your power but you feel like you can do it you're like all right if we work together me and you we'll make this happen dude you get a japanese negotiator in there and it's like you'll be like all right it's gonna be a hundred bucks a gun and they'll be like no i give you 120 dollars ████ reverse you work so hard you deserve more [Laughter] my buddy he worked at toyota lexus um out in the south bay hello japanese customers and he goes man he's like most asians are tough he goes koreans will come in they're tough you know like chinese they're tough japanese people i could charge them over msrp no questions

6:50 asked they'll pay for it they just say yes i'm like so you're out there exploiting your own people he's japanese too and he's like yeah they're the easiest ones to take 30-year freaking time because there's no bargaining culture in india no matter where you're at you bargain right yeah anything they'll be like hey we're selling you this bottle of water it costs five dollars and i'll be like ah i'll give you one and they'll be like oh no sir dude dude that's two no i'm like all right i'm out right now obviously they know i'm american yeah and then when i walk away they're like come back come here no sleek and i'm like it's 50 cents now and i'm like 50 25 and then i'm like ah 30 and i'm alright deal yeah so you got to do a 30 minute conversation for a bottle of water that's why you if you're going shopping

7:42 in india you need to go with the intention of like i actually need to buy something like window shopping you'll be get sucked into a black hole of just negotiating and then you'll be like run into somebody else around a brown hole because they'll pull you in even if you're not buying yeah they'll just be like yeah come in come in right like the whole nine yards like they do the whole old school salesman pitch and they know you're a tourist right and so they'll first say nin dollars and you'll be like absolutely ████ not because then i can buy the store and so we need a immigration program where we have indian negotiators working for the us government and if they depending on how much money they save is how they'll get their citizenship wow so india has like this like they do this all the time so we're going to see the taj mahal okay my parents are from a

8:32 different city the taj mahal is in agra my dad's from chennai which is south india so he doesn't really speak hindi so we're getting there and they have the ticket price and it's like indian citizens and like non-indian citizens so obviously none of us are gonna get by but my parents could easily just you know speak in hindi and just be like yeah we're citizens my dad for the first time in his life it was like a very thick indian accent the dude speaks to him in hindi we speak a language called so he doesn't he can't really respond instead of responding in tumble he looks at me and my brother and he's like yo what the ████ is this joker talking about like uh like just like straight like a new yorker like new york bronx like just straight up mafia i'm like dad what the ████ i was like for the first time in like like the 30 years of my life your accent disappeared and you were like yo look at this ████ clown i'm like what the hell i was like

9:22 why did you just respond to him we all got to charge the american president [Laughter] the one time the one time i was like he he's like i don't understand him i was like he doesn't understand you so he fumbled it he mean like we were arguing over like probably like two american dollars at the end of the day but like straight up my dad hasn't like it's like really thick he could have said anything like no and the ████ balls on this guy huh this ████ jabroni yeah this ████ like what the ████ is up with this dude curtis jesus christ dad i was like what the ████ although it was very funny because me and my brother were like there he is we were like of course [Music]

10:19 you

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