Wellgistics Health provides update on Datavault partnership

Wellgistics Health (WGRX) provided an update on its strategic licensing partnership with DataVault AI (DVLT). Through this partnership, Wellgistics has licensed DataVault AI’s advanced technology platform to integrate proprietary blockchain-enabled tokenization and blockchain-enabled smart contract capabilities into its patented PharmacyChain platform. This enables tokenization of Wellgistics’ AI-enabled pharmacy chain – powered by its EinsteinRx pharmacy dispensing optimization artificial intelligence – creating secure, immutable digital twins of real-world pharmacy processes, transactions, and assets. The companies have successfully completed the feasibility assessment phase and established key milestones toward pilot deployment by year-end 2026: Complete initial selection of which blockchain platforms are most suitable for the initial deployment of PharmacyChain by the end of the first quarter of 2026; Establish the ‘closed loop’ initial HIPAA-compliant data transfers required to close a smart contract-enabled prescription drug transactions via Wellgistics’ own pharmacy by the end of the second quarter of 2026; Successfully close a PharmacyChain Contract via a pilot program with an early adopter pharmacy from among Wellgistics’ 6,500 independent pharmacy clients by the end of the third quarter of 2026; Begin to expand marketing of PharmacyChain to the entire Wellgistics Pharmacy Network by year-end 2026.