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materiality 0.45
Wellgistics Health partners with DataVault AI to develop blockchain-based PharmacyChain for prescription drug tracking
Wellgistics Health, Inc.
- SaaS agreement with DataVault AI (NASDAQ: DVLT) to develop PharmacyChain, a manufacturer-to-patient blockchain platform.
- Beta testing expected in first half of 2026; profit-sharing license agreement to be finalized in Q4 2025.
- Platform aims to improve prescription tracking, insurance reimbursement, and patient adherence in $639B prescription drug market.
- DataVault AI's patents cover blockchain data scoring, valuation, and monetization; platform to enable secure data transfer for pharmacists.
- Wellgistics expects PharmacyChain to drive market share gains and expansion into new markets.