Tuesday, 02 January 2024 12:17 GMT

AI Plus Health Plus Blockchain Deal Makes Wellgistics Health, Inc. (NASDAQ: WGRX) Top Nasdaq Gainer


(MENAFN- Investor Ideas) Investorideas (Investorideas Newswire) a leader in retail investor trading ideas for AI and health stocks issues a news and trading alert for Wellgistics Health, Inc. (NASDAQ: WGRX ), a leader in next-generation pharmaceutical distribution, digital prescription routing, and AI-powered hub fulfillment.

Wellgistics Health, Inc makes the Nasdaq top gainer list following recent news. The stock is trading at $1.1900,+0.7871, gaining over 195% on volume of over 506 Million shares at the time of this report. The stock had a morning high of $1.46.

News summary

DataVault AI, Inc. (NASDAQ: DVLT) and Wellgistics Health, Inc. (NASDAQ: WGRX) have entered into a non-binding letter of intent to integrate PharmacyChainTM, a blockchain-enabled smart contract platform, into Wellgistics' proprietary technology and physical infrastructure. Announced on October 22, 2025, this collaboration aims to fully digitize the tracking of prescription drugs from manufacturer to patient, ensuring accurate delivery, personalized recommendations, and compliance with healthcare standards in the $634 billion U.S. prescription drug market. PharmacyChainTM will leverage DataVault's patented blockchain innovations alongside Wellgistics' AI tools, such as HubRx AI for optimization and Einstein Rx AI for clinical decision support, while utilizing Wellgistics' network of over 6,500 independent pharmacies and distribution logistics for seamless implementation.

The partnership introduces a revenue-sharing model based on fees from pharmacies adopting PharmacyChainTM, promising enhanced efficiency, transparency, and accountability across the supply chain. Stakeholders stand to benefit significantly: manufacturers gain better distribution visibility, physicians access improved prescribing data, pharmacies reduce operational costs, payers achieve greater cost-effectiveness, and patients receive timely, safe medication with tailored guidance for optimal outcomes. As DataVault AI CEO Nathaniel Bradley stated, "By integrating blockchain-enabled smart contracts, we're creating a more efficient, transparent, and accountable prescription ecosystem that aligns financial incentives with improved patient outcomes." This strategic alliance positions both companies at the forefront of healthcare's digital transformation, with plans to scale the platform for broader industry adoption.

Full news

Get more AI and robotics stock investing ideas with Investorideas free tech stock

/TSS/Stock_List

Sign up for free stock news alerts at Investorideas

/Resources/Newsletter


About Investorideas - Big Investing Ideas

Investorideas is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create free investor stock directories for sectors including mining, crypto, renewable energy, gaming, biotech, tech, sports and more. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors

AI and tech stocks -Learn more about our news, PR and social media, podcast services at Investorideas
/Investors/Services

Advertising agencies -Learn more about digital advertising and guest posts at Investorideas
/Advertise/

Follow us on X @investorideas @stocknewsbites
Follow us on Facebook
Follow us on YouTube

Contact Investorideas
800 665 0411

Disclaimer/Disclosure./About/Disclaimer

Please read Investorideas privacy policy: /About/Private_Policy

MENAFN01112025000142011025ID1110278973



Investor Ideas

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search