Wellgistics Forms AI-Driven Pharmacy Access Joint Venture

An announcement from Wellgistics Health Inc ( (WGRX) ) is now available.

On April 13 and 14, 2026, Wellgistics Health, Inc. entered into a collaboration and definitive joint venture agreement with Kare PharmTech’s subsidiary Kare Rx Hub, creating a new limited liability company called Healthstar in which Wellgistics will hold a 51% stake and Kare Hub 49%. The deal includes Wellgistics acquiring certain Kare Hub intellectual property and related assets for up to $2 million paid in unregistered common stock, subject to due diligence, lock-up provisions, and customary closing conditions, and is expected to rely on a private offering exemption.

The joint venture combines Wellgistics’ EinsteinRx and HubRx AI platforms with KareRx’s AI-driven digital hub to form an integrated ecosystem that streamlines the prescription journey from intake through fulfillment and supports functions such as eligibility checks, benefits verification, prior authorization workflows, routing, and direct-to-patient delivery. By aligning clinical, operational, and commercial teams across both organizations and expanding connectivity among independent pharmacies, provider networks, and telehealth channels, the platform aims to accelerate pharmaceutical access, enhance commercialization efficiency, strengthen direct-to-patient and decentralized care models, and potentially reach more than 200,000 patient lives, though the timing and extent of full operational integration remain uncertain.

More about Wellgistics Health Inc

Wellgistics Health, Inc. is a health information technology and pharmaceutical distribution company that integrates its EinsteinRx AI dispensing optimization platform with a blockchain-enabled smart contracts system called PharmacyChain to improve the prescription drug dispensing journey. The company connects more than 6,500 pharmacies and over 200 manufacturers, offering wholesale distribution, digital prescription routing, direct-to-patient delivery, and AI-powered hub services focused on eligibility, adherence, onboarding, prior authorization, and cash-pay fulfillment for independent pharmacies in the U.S. prescription drug market.

Kare Rx Hub, owned by Kare PharmTech, LLC, operates an AI-based digital hub that serves retail pharmacies, telemedicine, and specialty pharmaceutical “lite” products, with hundreds of physician-provider and independent pharmacy relationships. Kare Rx Hub’s platform is designed to connect providers, pharmacies, and patients through technology-driven solutions that support access to therapies across participating networks.

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