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Wellgistics Health Shares Skyrocket on AI-Blockchain Integration
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Wellgistics Health stock spiked 87.
Healthcare technology firm Wellgistics Health jumped 87.9% in after-hours trading after partnering with Datavault AI to digitize pharmacy supply chains via blockchain infrastructure. The deal boosted its market capitalization to $940 million from $480 million before the announcement. Analysts called it a transformative move for real-time drug-tracking and compliance. The integration aligns with the U.S. FDA’s new serialization mandate, expected to redefine pharma distribution security. Wellgistics is now positioned among the few mid-cap healthtech companies leveraging AI for decentralized data verification and smart-contract transactions.