The National Basketball Association announced all teams will be playing the National Anthem, as per their policy, before each game despite Mark Cuban’s demand to not play it at his Dallas Mavericks games.
This news overshadowed his new generic drug business, the Mark Cuban Cost Plus Drug Co., being built at an $11 million drug manufacturing facility in Dallas, according to the Dallas Business Journal.
Construction is to begin on the 22,000-square-foot facility this month and be completed by next year, the Dallas Business Journal reported Feb. 5. The company filed for a license to build the facility Feb. 4.
The billionaire investor and “Shark Tank” TV show star announced the company in January, saying it is dedicated to producing low-cost versions of high-cost generic drugs and pledged to “provide radical transparency in how we price our drugs.”
“We will let everyone know what it costs to manufacture, distribute, and market our drugs to pharmacies,” the company’s website said. “We add a flat 15 percent margin to get our wholesale prices. This makes sure we remain viable and profitable.”