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Wellgistics Health, Datavault enter non-binding LOI for PharmacyChain plans

DataVault AI (DVLT) and Wellgistics Health (WGRX) entered into a non-binding letter of intent to implement manufacturer-to-patient blockchain-enabled smart contract into Wellgistics proprietary Technology and Physical infrastructure for the prescription drug industry. The goal of the partnership will be to seek to fully digitize tracking of prescription drugs from script to fulfillment in order to ensure the right drug gets to the right patient at the right time, with the right recommendations for safe and effective use. The companies currently contemplate a revenue-sharing arrangement from fees derived from the use of the PharmacyChain by pharmacies.

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