A New Partnership for Prescription Drug Distribution

Datavault AI Inc. has announced a partnership with Wellgistics Health Inc. to co-develop PharmacyChain, a new system using blockchain and smart contracts to streamline the distribution of prescription drugs. The collaboration aims to bring greater transparency and efficiency to the complex journey of medications from manufacturers to patients.

The project will be built on Datavault AI’s patented Information Data Exchange platform, which facilitates secure, token-based data transfers. This initiative targets the $639 billion prescription drug market, an industry that has long faced challenges with security, transparency, and logistical efficiency.

Creating Digital Twins for a Smarter Supply Chain

According to Datavault AI CEO Nathaniel Bradley, the partnership will focus on building digital twins—virtual representations—of logistics networks, delivery systems, and patients. This technology is designed to support personalized health recommendations and open up new revenue opportunities.

PharmacyChain intends to revolutionize how medications move through the supply chain. By linking physical products to secure, immutable digital records, the system can provide comprehensive tracking and verification. This approach leverages responsible Artificial Intelligence (AI) to create a more robust and reliable distribution network.

Combining Expertise for Enhanced Patient Outcomes

The collaboration merges Datavault AI’s proficiency in data valuation and monetization with Wellgistics’ established pharmaceutical distribution capabilities. The core goal is to reduce costs, minimize errors, and ultimately improve patient outcomes by ensuring the timely and secure delivery of medications.

Datavault AI’s cloud-based platform provides a suite of tools including AI and Machine Learning automation, analytics, and third-party integration, which will all be foundational to the PharmacyChain system. By modernizing the pharmaceutical supply chain, the two companies hope to set a new standard for the industry.