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Wellgistics Health Inc ( (WGRX) ) just unveiled an announcement.
Wellgistics Health, Inc., a NASDAQ-listed health information technology firm focused on AI-enabled pharmacy dispensing and blockchain smart contracts for the U.S. prescription drug market, operates an integrated platform that links more than 6,500 pharmacies and over 200 manufacturers. The company delivers wholesale distribution, digital prescription routing, direct-to-patient delivery and AI-powered hub services to restore access, transparency and trust for independent pharmacies.
On March 6, 2026, Wellgistics entered into a 36‑month Interim Commercialization and Revenue Share Agreement with Kare PharmTech LLC to market, promote and distribute Kare Verify, a medical insurance eligibility and benefits verification product, through its pharmacy, manufacturer and telemedicine channels on a 50/50 net revenue split. In a March 11, 2026 announcement, Wellgistics said it secured preferred pricing rights for eligibility and benefits verification services, immediately making discounted EBV access available via its EinsteinRx AI hub, a move expected to open a new revenue stream, reduce its own pharmacy costs and accelerate adoption of its PharmacyChain platform in a U.S. EBV market projected to grow from $2.39 billion in 2025 to $3 billion by 2030.
Wellgistics highlighted that EBV capabilities are a core requirement for PharmacyChain’s market adoption because they determine insurance coverage, reimbursement levels and patient out-of-pocket costs for medical products and services. Management indicated that the pricing certainty and technical integration of EBV into PharmacyChain will support coding and deployment of its “health technology railroad” smart contracts across the drug distribution supply chain, positioning EBV as a meaningful contributor to revenue starting in the second quarter of 2026.
More about Wellgistics Health Inc
Wellgistics Health, Inc. is a U.S. health information technology company that integrates its proprietary EinsteinRx AI pharmacy dispensing optimization platform with its patented blockchain-enabled PharmacyChain smart contracts system to streamline prescription drug dispensing. 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.
Its integrated platform is designed to improve access, transparency and trust in the U.S. prescription drug market by optimizing reimbursement workflows and patient access to therapies. Through the Wellgistics Pharmacy Network, the company provides end-to-end digital and distribution solutions that target operational efficiency for pharmacies and manufacturers while enhancing the patient experience in an increasingly complex healthcare billing and coverage environment.
Average Trading Volume: 868,715
Technical Sentiment Signal: Strong Sell
Current Market Cap: $16.33M
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