Trading under new symbol (NASDAQ: MEDS) completes corporate rebranding from prior corporate name Wellgistics Health (NASDAQ: WGRX)
DataMEDS AI, Inc., (NASDAQ:MEDS, “DataMEDS,” or the “Company”), a Health IT company leveraging its artificial intelligence platform EinsteinRx™ and blockchain-enabled smart contacts platform PharmacyChain™ to provide integrated solutions for the generation, rationalization, intervention, transaction and monetization of health data, announced that it has officially completed its stock trading symbol change to ‘MEDS’. The Company began trading under the new stock symbol ‘MEDS’ on the NASDAQ Capital Market stock exchange effective at the start of trading on Wednesday, July 22, 2026. Completion of the symbol change completes the corporate rebranding from the prior corporate name Wellgistics Health, Inc. (NASDAQ:WGRX). The Company is focused on completing its previously disclosed series of acquisition and licensing transactions.
Trading under the new symbol ‘MEDS’ aligns our mission of using health data and AI to improve treatment decisions and empower patients to better manage their health.”
— Gerald Commissiong, Interim Co-CEO of DataMEDS AI, Inc.
DataMEDS AI, Inc. is a new B2i Digital Featured Company. See B2i Digital’s Featured Companies at https://b2idigital.com/featured-companies
DataMEDS aims to deliver a vertically aligned healthcare ecosystem to patients that expands EinsteinRx™’s technological capabilities into medical, laboratory and wearables fields through a proprietary blockchain, leveraging unique drug-adjunct products to tailor patient-specific solutions through the Health Lives Here app, initially targeting GLP-1-associated muscle loss and Long COVID patient bases. The Company intends to leverage Health Lives Here’s unique patient-engagement infrastructure to consolidate electronic health data into our proprietary health-centered blockchain infrastructure to enable patients to participate in data transaction revenue, reduce data friction for providers, and allow for tailored clinical trial offerings of both prescription drugs and/or proprietary nutraceutical products for patients seeking to reach specific health goals.
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“Trading under the new symbol ‘MEDS’ is expected to help capture the attention and focus of the Health IT-focused investment community by immediately aligning the Company’s mission of continually acquiring and analyzing data with the desired outcome of making the best treatment decisions around when to initiate prescription drug therapy, when to adjust dosing and/or when to discontinue treatment in the minds of investors,” said Gerald Commissiong, Interim Co-CEO of DataMEDS. “For patients and healthy users, DataMEDS intends to go far beyond existing health IT platforms by providing our unique adjunct natural products to help improve health outcomes of patients on prescription GLP-1 treatment and patients with Long COVID. By capturing biometric data with our Health Lives Here app, we intend to go beyond one-way information flow to empower patients to more dynamically manage their health by rationalizing wearables data’s effect on healthcare decision-making.”
According to SNS Insider, the U.S. blockchain in healthcare market was valued at $7.13 billion in 2023 and is projected to reach $595.31 billion by 2032, at a compounded annual growth rate (CAGR) of 63.5% (see Datavault AI’s November 25, 2025 PharmacyChain™ license announcement). According to Market Research Future, the global drone-enabled medical supplies pickup and delivery market was valued at $430 million in 2023 and is projected to reach $2.49 billion by 2032, at a CAGR of 21.20%. According to Grand View Research, the GLP-1 receptor agonist market is expected to grow from $66 billion in 2025 to $185 billion in 2033, at a CAGR of 12.4%, with skeletal muscle loss documented as a key side effect of GLP-1 therapies and a primary target indication for Tollo Health’s proprietary supplement portfolio. According to market research firm Nova1 Advisor, the U.S. telemedicine market size was $41.54 billion in 2025 and is projected to grow to $188.05 billion by 2035, representing an expected CAGR of 16.3%.
As of the date of this press release, DataMEDS has 2,847,198 common shares outstanding. Certain stockholders holding approximately 1,533,930 common shares, representing a majority of the outstanding common shares, have entered into lock-up agreements that preclude the sale of their shares into the market for at least ninety (90) days from yesterday’s date. There are currently 919,465 DataMEDS common shares deposited in Depository Trust & Clearing Corporation (DTCC) available for trading. There are no debt or preferred equity securities of the Company that are eligible to convert into free trading common shares at the current time. There is a total of 80,826 cash warrants outstanding, each with a fixed exercise price of $35.00 per share, that are currently eligible to be exercised into free trading common shares. Investors should refer to the Company’s filings with the Securities and Exchange Commission for additional information regarding the Company’s capitalization and outstanding securities.
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