WGRX News & Events

In a letter to shareholders, the company said, in part, "Yesterday we announced a series of transactions that, taken together, mark the most consequential strategic moment in Wellgistics Health's history. We are writing today to explain what connects them - and why we believe the steps we are taking now will position Wellgistics as essential infrastructure for the healthcare industry of the next decade. Our thesis is straightforward: vertical integration is the only path to real efficiency in healthcare, and blockchain is the only architecture capable of supporting it at scale. Every participant in healthcare - providers, payors, pharmacies, manufacturers, and patients - is operating with fragmented data, duplicated workflows, and trust gaps that cost the system hundreds of billions of dollars each year. We believe these inefficiencies cannot be solved by another point solution layered on top of legacy systems. They require a unified data fabric that captures, verifies, and exchanges health information across every node of care. That fabric will be built on blockchain. We believe it is not a question of whether the industry adopts blockchain-based infrastructure, but when - and who is positioned to provide it. That conviction is the strategic logic behind every announcement we made yesterday...The pharmacy is the most under-appreciated touchpoint in healthcare - it is where prescriptions are filled, where adherence begins, and where the richest longitudinal data on patient behavior already lives. We have spent years building the connective tissue across 6,500 pharmacies and 200+ manufacturers. We are now extending that connective tissue upstream into data infrastructure and downstream into patient care. The companies that will define healthcare over the next ten years will not be the ones with the best single product. They will be the ones who own the data, the verification, and the patient relationship - and who can move information across all three with cryptographic trust. That is what we are building. We recognize that the breadth of yesterday's announcements raises questions, and we are committed to keeping our shareholders informed at every step. We will provide additional detail in the coming weeks as definitive agreements are finalized. The planned share restructuring and new CUSIP support the Company's next phase of growth. Thank you for your continued confidence in Wellgistics Health. We are building this Company with conviction, and we believe the foundation we are laying now will deliver durable value for shareholders, providers, and patients alike.'

Datavault AI (DVLT) entered into a fully binding term sheet with Wellgistics Health (WGRX), integrating proprietary pharmacy dispensing optimization artificial intelligence platform EinsteinRx into its PharmacyChain, to build Wellgistics into DelivMeds AI following the completion of three concurrent transactions: 1) the expansion of Datavault AI's previously disclosed PharmacyChain license to include Healthcare-as-a-Service-related intellectual property; 2) the acquisition of the QOLPOM intellectual property from EOS Technology Holdings and Scilex Holding Company (SCLX) that enables wearables-driven biometric confirmation of pharmacodynamic drug effect and biometric confirmation named-patient to receive home drug delivery; and 3) the acquisition of a controlling stake in Tollo Health. Together, the three transactions forming DelivMeds carry an expected approximate combined asset value of $4 billion, subject to an independent fairness opinion.

Wellgistics Health announced a pilot collaboration with Kare PharmTech and Kare Clinicals integrating its MSO infrastructure to support chronic care management and remote patient monitoring services across participating provider offices. According to third-party industry reports, the U.S. RPM market is currently $14 Billion and expected to reach approximately $29B by 2030, representing a 12.6% CAGR, as healthcare providers continue shifting toward value-based and home-based care models. The pilot program currently includes multiple provider offices, with Kare Clinicals MSO serving as the billing provider on behalf of participating offices and rendering providers. The initiative is designed to support patient engagement, care coordination, and longitudinal monitoring programs through scalable operational and technology-enabled workflows. All CCM and RPM services are expected to be furnished and billed by appropriately licensed providers and participating entities in accordance with applicable federal and state healthcare laws, reimbursement requirements, and payor program rules.