|
Getting your Trinity Audio player ready...
|
Datavault AI Inc. (NASDAQ: DVLT), a leader in AI-powered data experience, valuation, and monetization, today announced an exclusive licensing agreement with Wellgistics Health Inc. (NASDAQ: WGRX) for the integration of Datavault’s proprietary blockchain-enabled smart-contract patent portfolio. The strategic deal positions Wellgistics to emerge as a Web 3.0 health-information transfer leader across the $634 billion U.S. prescription drug market.
The licensed technology will anchor Wellgistics’ PharmacyChain™ smart-contract distribution infrastructure and its next-generation EinsteinRx™ AI hub, designed to automate prescription fulfillment workflows for manufacturers, pharmacies, physicians, patients, and payers. By enabling secure, real-time data authentication and digital-ledger transparency, the system aims to eliminate inefficiencies throughout the pharmaceutical supply chain.
Datavault’s intellectual property creates a high barrier to entry for competitors across the broader $4.9 trillion U.S. healthcare ecosystem, where smart contracts stand to transform medical data exchange, formulary authorization, medication tracking, and payer coordination. With healthcare shifting toward digital-first and preventive care solutions, PwC estimates a $1 trillion opportunity to modernize provider workflows, reduce administrative burden, and drive patient-centric efficiencies.
Wellgistics Health, based in Tampa, is a hybrid physical and technology-driven healthcare IT company specializing in the movement of prescription drugs from manufacturer to patient. Its PharmacyChain initiative seeks to digitize every step of the prescription lifecycle—including electronic medical records, diagnostics, and treatment recommendations—ensuring precision, safety, and timely delivery.
Active Stocks in the News This Week
Active stocks attracting significant intraday trading attention this week include: Kartoon Studios, Inc. (NYSE: TOON), ENDRA Life Sciences (NASDAQ: NDRA), Peraso Inc. (NASDAQ: PRSO), Power Metallic (TSX-V: PNPN / OTCQB: PNPNF), Roadzen Inc. (NASDAQ: RDZN), Synergy ‘Focusfactor’ Corp. (NASDAQ: SNYR) and TOMI Environmental (NASDAQ: TOMZ)These names have shown elevated volume, technical momentum, or news-driven catalysts, making them notable tickers to monitor alongside DVLT’s developments.
With this exclusive agreement, Datavault AI (DVLT) further establishes itself as a foundational technology provider enabling Web 3.0 transformation across healthcare infrastructure, while Wellgistics Health (WGRX) accelerates its mission to construct a fully digitized, AI-enhanced pharmaceutical distribution ecosystem.
