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An announcement from Wellgistics Health Inc ( (WGRX) ) is now available.
On April 8, 2025, Wellgistics Health, Inc. announced a definitive agreement to acquire Peek Healthcare Technologies, Inc., a digital prescription platform that enhances medication pricing transparency. This acquisition aims to expand Wellgistics Health’s digital healthcare ecosystem and is expected to be immediately accretive to earnings, significantly expanding the company’s market by integrating Peek’s transparent digital pharmacy solutions. Peek will operate as a wholly-owned subsidiary, maintaining its brand identity while benefiting from Wellgistics Health’s infrastructure and resources. This strategic move aligns with Wellgistics Health’s mission to provide affordable, transparent, and patient-centric healthcare, and it positions the company to leverage the growing demand for consumer-driven prescription shopping, supported by regulatory initiatives like the Consolidated Appropriations Act of 2021.
More about Wellgistics Health Inc
Wellgistics Health, Inc. is a holding company focused on healthcare technology and pharmaceutical services, aiming to create a micro health ecosystem. It operates a portfolio of companies that provide a range of services including a technology platform, pharmacy, and wholesale operations, with a focus on improving patient care and offering integrated solutions for pharmacies, providers, pharmaceutical manufacturers, and payors.
YTD Price Performance: 2.62%
Average Trading Volume: 171,589
Learn more about WGRX stock on TipRanks’ Stock Analysis page.