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☆ ‘Rust’ armorer denied new trial, conviction upheld for fatal shooting
▼ + stars: | 2024-09-30 | by ( Cheri Mossburg | Eric Levenson | ) edition.cnn.com time to read: +2 min

CNN —A New Mexico judge on Monday denied “Rust” armorer Hannah Gutierrez Reed’s request for new trial and upheld her involuntary manslaughter conviction for the 2021 death of cinematographer Halyna Hutchins. Gutierrez Reed, who as armorer was in charge of firearms on the movie set, was convicted of involuntary manslaughter in March. Her defense attorney argued she was scapegoated for the safety failures of film set management and other crew members. Baldwin was also charged with involuntary manslaughter and had pleaded not guilty. Assistant film director David Halls took a plea deal in 2023 for his role in the shooting.

Persons: “, armorer Hannah Gutierrez Reed’s, Halyna Hutchins, Gutierrez Reed, Hutchins, Alec Baldwin, armorer, Baldwin, Mary Marlowe Sommer, David Halls, Gutierrez Reed’s Organizations: CNN Locations: New Mexico

☆ Judge to consider ‘Rust’ armorer’s motion to be released from detention in light of Alec Baldwin’s case
▼ + stars: | 2024-09-26 | by ( Eric Levenson | ) edition.cnn.com time to read: +3 min

CNN —A New Mexico judge on Thursday is set to consider the “Rust” movie armorer’s motion to be released from prison, months after similar charges against actor Alec Baldwin were dismissed due to prosecutorial misconduct. At her trial, prosecutors argued she repeatedly violated safety protocol and was negligent in performing her duties, allowing six live rounds on to the set. Her defense attorney argued she was scapegoated for the safety failures of film set management and other crew members. But just days after his trial began, Judge Mary Marlowe Sommer threw out the charges and ruled prosecutors did not properly turn over evidence to the defense. The judge called the withholding of evidence “intentional and deliberate” and dismissed the case with prejudice, meaning it cannot be brought again.

Persons: Alec Baldwin, Hannah Gutierrez Reed, ” Gutierrez Reed’s, Kari Morrissey, “, Gutierrez Reed’s, Halyna Hutchins, Baldwin, Hutchins, Brandon Lee, Gutierrez Reed, armorer, Mary Marlowe Sommer, Alex Spiro, David Halls Organizations: CNN Locations: New Mexico

☆ Alec Baldwin trial: Key people in the case
▼ + stars: | 2024-07-09 | by ( Lisa Respers France | ) edition.cnn.com time to read: +5 min

It was so unnecessary,” Baldwin said of Hutchins’ death in a 2022 interview with CNN. Morrissey took over the case in 2023, dropped the charges against Baldwin and then later refiled them, citing “additional facts” in the case. She presided over the high-interest trial of Hannah Gutierrez Reed, during which she kept to a succinct schedule. Hannah Gutierrez Reed“Rust” movie armorer Hannah Gutierrez Reed in March. “It felt like someone had taken a baseball bat to my shoulder, I remember that distinctly,” Souza testified in the Gutierrez Reed trial.

Persons: CNN —, Alec Baldwin, Baldwin, Halyna Hutchins, Hutchins, Halyna Hutchins Halyna Hutchins, Fred Hayes, Hollywood ”, Matthew, Alec Baldwin Alec Baldwin, Andrew Kelly, Reuters Baldwin, ” Baldwin, Luke Nikas Nikas, Quinn Emanuel Urquhart, Sullivan, Nikas, Kari Morrissey Kari Morrissey, Gabriela Campos, Morrissey, Judge Mary Marlowe Sommer, Mary Marlowe Sommer, Marlowe Sommer, Bill Richardson, Hannah Gutierrez Reed, Hannah Gutierrez Reed “ Rust, armorer Hannah Gutierrez Reed, “, ”, ” Joel Souza Joel Souza, Pool Souza, “ Rust, ” Souza, Gutierrez Reed, Souza, ‘, ” David, Dave Halls, “ Rust ” Organizations: CNN, BBC, UCLA, “, Hollywood, YouTube, Colt, ” Prosecutors, Sullivan LLP, Harvard Law School, Court, New, New Mexico Gov Locations: New Mexico, Ukraine, British, Europe, New York City, Los Angeles, New York, “

☆ ElevateBio CEO on disruptive potential for gene and cell therapies
▼ + stars: | 2024-05-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailElevateBio CEO on disruptive potential for gene and cell therapiesDavid Hallal, ElevateBio CEO, joins 'Fast Money' to talk making CNBC's Disruptor 50 list, what is included in its portfolio, innovation in cell and gene therapy and more.

Persons: David Hallal

☆ ‘Rust’ shooting: Movie armorer Hannah Gutierrez Reed to be sentenced Monday for involuntary manslaughter
▼ + stars: | 2024-04-15 | by ( Christina Maxouris | Cheri Mossburg | ) edition.cnn.com time to read: +7 min

CNN —Hannah Gutierrez Reed, the “Rust” film armorer who was found guilty of involuntary manslaughter last month for the 2021 on-set fatal shooting of cinematographer Halyna Hutchins, is scheduled to be sentenced Monday morning in a New Mexico courtroom. Bowles maintains his 26-year-old client has been scapegoated for the safety failures of film set management and other crew members. Prosecutors also cited jail calls in which Gutierrez Reed allegedly complained “about the negative affects this incident has had on her life” and called jurors derogatory names. “She had six, six live rounds on that movie set, the earliest date that I can track them for you is October 10, (2021),” the prosecutor said. “(Gutierrez Reed) could not anticipate what Baldwin would do.

Persons: CNN — Hannah Gutierrez Reed, Halyna Hutchins, Hutchins, Alec Baldwin, Gutierrez Reed, ”, Gutierrez Reed –, –, Jason Bowles, Bowles, Gutierrez Reed’s, Kari Morrissey, Morrissey, Jason Lewis, “, Prosecutors, Baldwin, Joel Souza, Souza, Hannah Gutierrez, ” Morrissey, Hannah, David Halls Organizations: CNN, Prosecutors, “ Management Locations: New Mexico, Santa Fe, Russian

“She had six, six live rounds on that movie set, the earliest date that I can track them for you is October 10,” special prosecutor Kari Morrissey said during closing arguments Wednesday. “(Gutierrez Reed) could not anticipate what Baldwin would do. “She opened up the latch to the revolver, I recall seeing three to four, what I believed to be dummy rounds,” Halls testified. He later added: “I don’t recall her fully rotating the cylinder.”David Halls, assistant film director on "Rust," testifies February 29 during Hannah Gutierrez Reed's involuntary manslaughter trial. “Alec Baldwin’s conduct and his lack of gun safety … on that day is something that he’s going to have to answer for.

Persons: Hannah Gutierrez Reed, Halyna Hutchins, Alec Baldwin, Gutierrez Reed, Baldwin, Hutchins, Joel Souza, Souza, Gutierrez, “, Kari Morrissey, ” Gutierrez Reed’s, Jason Bowles, Luis Sánchez Saturno, Bowles, ”, Hannah, ” Bowles, David Halls, Hannah Gutierrez, Gabriela Campos, Halls, Morrissey, Alec Baldwin’s Organizations: CNN, Santa Fe, “ Management Locations: Russian, Santa, Mexican, Santa Fe County

☆ ‘Rust’ film armorer’s manslaughter trial opens with both sides debating whose negligence matters most
▼ + stars: | 2024-02-22 | by ( Christina Maxouris | Eric Levenson | ) edition.cnn.com time to read: +12 min

Gutierrez Reed, Bowles pointed out, was just 24 at the time and had to split her time as both armorer and props assistant. “When the state talks about Ms. Gutierrez Reed being negligent, what really happened is production was negligent,” he said. Gutierrez Reed is the first person to stand trial in a case that has highlighted the movie industry’s safety standards – and this specific set’s violations of them. "Rust" film armorer Hannah Gutierrez Reed has pleaded not guilty to the charges. According to the probable cause statement, Gutierrez Reed also left a cart that contained ammunition unsecured and unsupervised during the break.

Persons: “ Rust, armorer Hannah Gutierrez Reed’s, Halyna Hutchins, Jason Lewis, Gutierrez, ”, “, Jason Bowles, Alec Baldwin, Gutierrez Reed, Bowles, Hutchins, Baldwin, Hannah Gutierrez Reed, Pool Baldwin, David Halls, Gutierrez Reed’s, ” Bowles, –, Halls, Lisa Torraco, ” Torraco, Joel Souza, Souza, Mario Anzuoni, Gutierrez Reed “, “ Reed, Melina Spadone, ” CNN’s Josh Campbell Organizations: CNN, Prosecutors, NBC, Getty, KOAT, –, Los Angeles Times, Times, Reuters, New, Rust Movie, OHSB, Sheriff's, Getty Images Defense Locations: Mexico, Santa Fe, California, New Mexico

They say that includes photos showing that live rounds were present on the set days before Hutchins was killed. They also plan to present testimony that, months prior to the shooting, Gutierrez-Reed had looked for and purchased live .45-caliber ammunition. “The tragedy occurred due to a series of negligent acts given that live rounds were on set well before October 21, 2021. Flimsy is how her attorneys describe the evidence that she might have unknowingly brought live rounds on set, saying it falls far short of standards for prosecution. Live ammunition has made its way onto U.S. movie sets with severe consequences in just a handful of instances.

Persons: Alec Baldwin, Halyna Hutchins, Joel Souza, armorer Hannah Gutierrez, Reed, Hutchins, Gutierrez, Ms, Kari Morrissey, Seth Kenney, can’t, “ Rust, —, Baldwin, “, David Halls, ”, Brandon Lee, ” Lee, Jason Lewis, Jason Bowles, Morrissey, ’ Organizations: SANTA FE, Prosecutors, ”, Greystone Television Locations: SANTA, Albuquerque, State, New Mexico, Santa Fe

A new one-page indictment delivered by the grand jury Friday alleges Baldwin caused Hutchins' death — either by negligence or “total disregard or indifference” for safety. Defense attorneys for Baldwin indicate they'll fight the charge, which carries a potential prison sentence of up to 18 months. The indictment provides prosecutors with two alternative standards for the felony involuntary manslaughter charge against Baldwin. Mangels said a grand jury indictment is by no means an assurance that prosecutors will prevail at trial. “Just getting an indictment from a grand jury in no way means the prosecution has a slam dunk case or even a strong case,” she said.

Persons: — Alec Baldwin, “, Baldwin, Halyna Hutchins, Joel Souza, Hutchins, they'll, Lucien, Michael Haag, ” Michael Haag, ” Baldwin, Prosecutors, John Day, ”, Kari Morrissey, Jason Lewis, “ Rust, armorer Hannah Gutierrez, Reed, Kate Mangels, Glenn Ellington, Gutierrez, Luke Nikas, Alex Spiro, —, David Halls, Sarah Zachry, Zachry, Mangels Organizations: SANTA FE, Forensic Science Services, FBI Locations: SANTA, New Mexico, Santa Fe, Arizona, Los Angeles

CNN —Actor Alec Baldwin has been indicted by a New Mexico grand jury on charges connected to the 2021 fatal shooting on the set of the movie “Rust,” new court documents show. Baldwin is charged with two counts of involuntary manslaughter. Armorer Hannah Gutierrez Reed also faces involuntary manslaughter charges in the case. The film’s assistant director, David Halls, was identified as the person who handed the firearm to Baldwin that fateful day. Attorney Gloria Allred, who is representing Hutchins’ family in a civil lawsuit against Baldwin, responded to Friday’s development in a statement to CNN.

Persons: Alec Baldwin, ”, Baldwin, ” Baldwin’s, Luke Nikas, Alex Spiro, Halyna Hutchins, Joel Souza, Halyna Hutchins ”, Armorer Hannah Gutierrez Reed, David Halls, Gloria Allred, Hutchins, “, ” Allred Organizations: CNN, New Locations: New Mexico

SANTA FE, N.M. (AP) — A grand jury indicted Alec Baldwin on Friday on an involuntary manslaughter charge in a 2021 fatal shooting during a rehearsal on a movie set in New Mexico, reviving a dormant case against the A-list actor. Special prosecutors brought the case before a grand jury in Santa Fe this week, months after receiving a new analysis of the gun that was used. Baldwin, the lead actor and a co-producer on the Western movie “Rust,” was pointing a gun at cinematographer Halyna Hutchins during a rehearsal on a movie set outside Santa Fe in October 2021 when the gun went off, killing her and wounding director Joel Souza. Baldwin has said he pulled back the hammer, but not the trigger, and the gun fired. They later pivoted and began weighing whether to refile a charge against Baldwin after receiving a new analysis of the gun.

Persons: —, Alec Baldwin, Baldwin, ”, Halyna Hutchins, Joel Souza, “ Rust ”, Lucien Haag, Hannah Gutierrez, Reed, “ Rust, David Halls, Hutchins, Matthew Hutchins Organizations: SANTA FE, FBI, Forensic Science Services, Movie Productions Locations: SANTA, New Mexico, Santa Fe, Arizona, Montana

SANTA FE, N.M. (AP) — Prosecutors are preparing to present evidence to a grand jury against Alec Baldwin in the fatal 2021 shooting of a cinematographer on the set of a Western movie in New Mexico. A grand jury did not take up the case Thursday and a decision on whether to revive criminal charges against Baldwin still could be weeks away. They later pivoted after receiving a new analysis of the gun and will ask a grand jury to consider recharging Baldwin. NEXT STEPSA grand jury could weigh whether there is “probable cause” to bring charges against Baldwin as the target of the investigation. A case can’t be brought twice before a grand jury on the same evidence, so if they don't proceed this time a second grand jury is less likely.

Persons: Alec Baldwin, Baldwin, “, ”, Halyna Hutchins, Joel Souza, “ Rust, armorer Hannah Gutierrez, Reed, Neama, Gutierrez, Rahmani, he's, ” Rahmani, Baldwin —, Lucien Haag, Kari Morrissey, Jason Lewis, Hutchins, David Halls Organizations: SANTA FE, — Prosecutors, Baldwin, West, Trial, NBC, FBI, Forensic Science Services Locations: SANTA, New Mexico, Santa Fe, Los Angeles, Southern California, Arizona, Malibu

☆ Alec Baldwin makes surprise return to ‘Saturday Night Live’
▼ + stars: | 2023-11-11 | by ( Dan Heching | ) edition.cnn.com time to read: +1 min

In October 2021, Baldwin was rehearsing on the set of his western film “Rust” when a gun held by the actor fired a live round, killing cinematographer Halyna Hutchins and injuring director Joel Souza. Baldwin denied pulling the trigger on the weapon in a previous interview with CNN. Involuntary manslaughter charges were dropped against Baldwin earlier this year. Armorer Hannah Gutierrez Reed faces involuntary manslaughter charges in the case. Production on the film resumed in April and was completed in May.

Persons: Alec Baldwin, ” Baldwin, Donald Trump, Baldwin —, —, let’s, Baldwin, Halyna Hutchins, Joel Souza, Kari Morrissey, Jason Lewis, Armorer Hannah Gutierrez Reed, David Halls, CNN’s Cheri Mossburg Organizations: CNN, SNL Locations: New Mexico

☆ A traveler stranded in Acapulco recounts ‘apocalyptic’ conditions.
▼ + stars: | 2023-10-25 | by ( Derrick Bryson Taylor | More About Derrick Bryson Taylor | ) www.nytimes.com time to read: 1 min

Hurricane Otis interrupted tropical vacations for some visitors and put a stop to a mining convention in Acapulco, Mexico, as the storm bore down on the city early Wednesday. Among the travelers affected was David Hall, 34, who had arrived on Tuesday from Colima, a city about 300 miles northwest of Acapulco. Mr. Hall works in sales and was in Acapulco for the mining convention. “The wind was so strong, it was so much noise,” Mr. Hall said in an interview. The wind was really, really fast.”He compared the swaying of the hotel where he was staying, the Princess Mundo Imperial, to a “small earthquake,” adding, “It’s a very apocalyptic picture here.”

Persons: Otis, David Hall, “ It’s, ”, Hall, Princess Organizations: Mr, Hall, Princess Mundo Locations: Acapulco, Mexico, Colima

SANTA FE, N.M. (AP) — Special prosecutors are seeking to recharge actor Alec Baldwin in the fatal shooting of a cinematographer on the set of a Western movie in 2021, describing Tuesday their preparations to present new information to a grand jury. Political Cartoons View All 1211 ImagesAttorneys for Baldwin said the latest move by prosecutors is misguided. Special prosecutors initially dismissed an involuntary manslaughter charge against Baldwin in April, saying they were informed the gun might have been modified before the shooting and malfunctioned. The weapons supervisor on the movie set, Hannah Gutierrez-Reed, has pleaded not guilty to involuntary manslaughter and evidence tampering in the case. In the revived case against Baldwin, a grand jury would “determine whether probable cause exists to bind Baldwin over on criminal charges,” special prosecutors said.

Persons: Alec Baldwin, Kari Morrissey, Jason Lewis, they’ll, Halyna Hutchins, Baldwin, Joel Souza, “, ” Morrissey, Lewis, ” Baldwin, ”, Luke Nikas, Alex Spiro, Baldwin —, Lucien Haag, Hannah Gutierrez, Reed, “ Rust, David Halls, Hutchins, “ Rust ”, Matthew Hutchins, Andrew Dalton, Susan Montoya Bryan Organizations: SANTA FE, —, FBI, Forensic Science Services, Authorities, Associated Press Locations: SANTA, New Mexico, Santa Fe, Mexico, Arizona, Italian, Montana, Los Angeles, Albuquerque , New Mexico

☆ Alec Baldwin may be charged again in fatal Rust movie set shooting
▼ + stars: | 2023-10-17 | by ( Cheri Mossburg | ) edition.cnn.com time to read: +2 min

CNN —A New Mexico grand jury will soon decide whether Alec Baldwin should once again face criminal charges over the 2021 death of “Rust” cinematographer Halyna Hutchins. “We will answer any charges in court.”Hutchins was killed and director Joel Souza injured when a gun held by Baldwin fired a live round during a scene rehearsal. Fred Hayes/Getty ImagesBaldwin denied pulling the trigger on the weapon in a previous interview with CNN. The film’s assistant director, David Halls, was identified as the person who handed the firearm to Baldwin that fateful day. Earlier this year, he signed a plea agreement “for the charge of negligent use of a deadly weapon,” prosecutors said, noting that terms of the deal include six months of probation.

Persons: Alec Baldwin, “ Rust, Halyna Hutchins, “, Baldwin, Joel Souza, ”, Kari Morrissey, Jason Lewis, Luke Nikas, Alex Spiro, ” Hutchins, Fred Hayes, Armorer Hannah Gutierrez Reed, David Halls Organizations: CNN, ”, NBC, Prosecutors, Getty Locations: Mexico

☆ David Hallberg’s New Job: Decision Maker
▼ + stars: | 2023-08-01 | by ( Roslyn Sulcas | ) www.nytimes.com time to read: +1 min

One of the biggest adjustments for me was how everyone looks to you for decision making about even very minor things. I always want things to be collaborative, and often people don’t want that — they want you to lead. The other big thing was trying to balance my time and learning what and how to prioritize. Part of your job involves talking to artists who can feel vulnerable and anxious about their careers. When we are having difficult conversations, I want them to feel they are getting an honest answer, not just being calmed down.

Locations: New York

☆ Thames Water: Why Britain's water industry is struggling with sewage spills, huge leaks and crushing debts
▼ + stars: | 2023-07-08 | by ( Hanna Ziady | ) edition.cnn.com time to read: +8 min

The UK water sector is “clearly in a state of multiple crises,” said Dieter Helm, a professor of economic policy at the University of Oxford. Thames Water in troubleThe industry’s long-running problems have been thrust into the spotlight by a looming cash crunch at Thames Water, which serves 15 million people in London and the southeast of England. An aerial view of a Thames Water sewage treatment works in west London. A screen displays real-time notifications of sewage leaks into waterways in the region controlled by Thames Water in January 2023. Will Thames Water be nationalized?

Persons: ”, Dieter Helm, “, ” Helm, Ofwat, Abu Dhabi, David Black, Ben Stansall, Iain Coucher, they’ve, ” Black, Margaret Thatcher’s, David Hall, Leon Neal, ” Hall, Sarah Bentley “, Maureen McLean, Helm Organizations: London CNN —, University of Oxford, CNN, Thames, Getty, Yorkshire Water, Margaret Thatcher’s Conservative, Public Services International Research Unit, University of Greenwich, Thames Water, Ontario, BBC Locations: England, Wales, London, China, Abu, AFP, Yorkshire, Windsor, UK

Baldwin, who is also a producer on the film, was charged with two counts of manslaughter in the death of "Rust" cinematographer Halyna Hutchins. Though Baldwin's manslaughter case has been dropped, the actor still faces other legal woes as a result of the accidental shooting. In early February, Hutchins' parents and sister filed a lawsuit against Baldwin, "Rust" producers and other crew members, accusing them of negligence and intentional infliction of emotional distress, among other charges. Halls' hearing was the first to be conducted under the supervision of special prosecutors Kari Morrissey and Jason Lewis. In her place, she appointed Morrissey and Lewis as special prosecutors.

☆ ‘Rust’ assistant director pleads guilty to gun charge in movie set shooting case
▼ + stars: | 2023-03-31 | by ( Natasha Piñon | ) www.cnbc.com time to read: +3 min

David Halls, the "Rust" assistant director who handled the gun that killed cinematographer Halyna Hutchins in 2021, pleaded no contest Friday to a misdemeanor charge of negligent use of a deadly weapon. The New Mexico judge overseeing the "Rust" case sentenced Halls to six months of unsupervised probation, a $500 fine and 24 hours of community service. To date, "Rust" proceedings have been routinely disrupted by complications concerning the appointment of the case's previous special prosecutor. The first special prosecutor for the case, Andrea Reeb, stepped down earlier this month, after Baldwin's defense lawyers filed a motion requesting her removal. "My responsibility to the people of the First Judicial District is greater than any one case, which is why I have chosen to appoint a special prosecutor in the 'Rust' case," Carmack-Altwies said in a statement.

☆ Prosecutors in Alec Baldwin 'Rust' shooting case are getting heat over apparent missteps
▼ + stars: | 2023-03-06 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +9 min

The charges stem from the October 2021 shooting death of cinematographer Halyna Hutchins during the filming of independent film "Rust." She won the race in November but stayed on the "Rust" case. In September, Torraco donated $250 to Reeb's campaign, assuming that if Reeb won the legislative race, she would automatically recuse herself frocrat, andm the "Rust" case. Media circusThe case has received significant media attention, which has persisted due to Baldwin and the prosecutors' press communication. Beyond that, Heather Brewer, the DA's spokesperson specifically hired for the "Rust" case, has made several heated statements about Baldwin and his attorneys on behalf of the DA's office.

Santa Fe prosecutors on Tuesday filed charges of two counts of involuntary manslaughter against Alec Baldwin for the fatal shooting on the set of the movie "Rust." Hannah Gutierrez-Reed, the armorer of the film, was also charged with the same two counts of involuntary manslaughter. Due to Baldwin's distractions, the training he received was estimated to be 30 minutes, according to the DA's statement. According to the probable cause statement, Baldwin has "asserted publicly that he is an '...expert...' in the realm of firearms and filmmaking." "Reed knew Baldwin required more training," which "could have prevented the fatal shooting," prosecutors said, citing a statement Gutierrez-Reed issued in her deposition.

☆ Why biotech CEOs are growing more cautious about going public — and what they're waiting for
▼ + stars: | 2023-01-30 | by ( Andrew Dunn | Yeji Jesse Lee | ) www.businessinsider.com time to read: +6 min

Biotech-startup CEOs are taking more nuanced approaches to going public amid a downturn. SAN FRANCISCO — After record years of initial public offerings in 2020 and 2021, biotech leaders told Insider that the "recipe" for going public no longer works. Most biotechs saw their valuations increase by between 20% and 50% after going public. Insider asked five startup CEOs about how they approach going public and their perspectives on the biotech-IPO market for 2023. But going public doesn't carry an importance of validation for herself or the field of biotech companies specializing in AI, she said.

☆ The recipe biotech startups use to go public is being thrown out. 5 startups CEOs reveal how they're changing their focus.
▼ + stars: | 2023-01-26 | by ( Andrew Dunn | Yeji Jesse Lee | ) www.businessinsider.com time to read: +6 min

☆ Pharma CEOs say Mark Cuban's effort to upend the drug industry is 'a really great idea' but will be difficult to pull off
▼ + stars: | 2023-01-25 | by ( Yeji Jesse Lee | Andrew Dunn | ) www.businessinsider.com time to read: +7 min

Biopharma CEOs say his company Cost Plus Drugs could remove costs from the distribution system. Cuban told Insider in an email that he believed the company's pricing transparency was "an absolute positive for patients." The company started its pharmacy services last year and quickly racked up over 1 million accounts, Cuban told Insider recently. Cost Plus Drugs is focused on bringing down the price of generic medications, which no longer have patent protections but can still be expensive. Cuban told Insider that EQRx was in a "different business" than what he's attempting to build out.

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