Tampa, Florida — November 4, 2025 — Leads & Copy — Wellgistics Health, Inc. (NASDAQ: WGRX) has announced a non-binding letter of intent to acquire Kare Rx Hub, LLC, an AI-based digital hub for retail pharmacies. The all-stock transaction, expected to close by January 31, 2026, will add telemedicine pharmacy-support and key manufacturer relationships to Wellgistics’ offerings.
The telemedicine remote dispensing market is projected to increase from $6.7 billion in 2025 to $13.57 billion by 2032, according to Fortune Business Insights. Kare Rx Hub’s platform and relationships, including 500 physician-provider and 200 independent pharmacy connections, along with three manufacturer relationships, will be a significant value add, said Prashant Patel, RPh, President and Interim-CEO of Wellgistics.
Mital Panara, MBA, Founder, President & CEO of Kare Pharmtech, believes Wellgistics’ scale and blockchain technology platform will benefit independent pharmacists. Dr. Kiran Patel, Founder, Chairman and controlling shareholder of Kare Pharmtech, is excited to become a shareholder and help fulfill the shared vision of optimizing pharmaceutical dispensing to independent pharmacies.
Kare Rx Hub is owned by Kare Pharmtech, a company controlled by Dr. Kiran Patel. Dr. Patel can be contacted via Kare Pharmtech.
Media Contact:
media@wellgisticshealth.com
Investor Relations Contact:
Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor
New York, NY 10036
Office: (646) 893-5835
Email: info@skylineccg.com
Source: Wellgistics Health, Inc.
