DataMeds AI, Inc.

DataMeds AI, Inc. is a holding company incorporated in 2022, focused on pharmaceuticals and healthcare services. The company aims to create a micro health ecosystem by integrating a pharmacy, wholesale operations, and a technology division that offers a novel platform for hub and clinical services. DataMeds AI, Inc. seeks to improve patient lives and provide solutions for pharmacies, providers, pharmaceutical manufacturers, and payors. Its patient-centric approach and innovative healthcare applications are designed to shift pharmaceutical care to revolve around the patient across various therapeutic conditions. The company offers a full spectrum of integrated solutions by leveraging its business segments to address access, care coordination, dispensing, delivery, and clinical management of pharmaceutical products, from "specialty-lite" to general maintenance conditions. DataMeds AI, Inc. operates through two wholly owned subsidiaries: Wood Sage LLC and Wellgistics, LLC, and two indirect subsidiaries: Alliance Pharma Solutions LLC d/b/a DelivMeds (now Wellgistics Tech & Hub, LLC) and Community Specialty Pharmacy, LLC (now Wellgistics Pharmacy). In January 2023, the company entered into a Membership Interest Purchase Agreement for the acquisition of Wood Sage, which was completed on June 16, 2024. The acquisition involved paying Mr. Panchal approximately $400,000 in common stock issued at a 20% discount. Wood Sage, a Florida limited liability company formed on June 27, 2014, had no operations to date. In August 2023, Wood Sage acquired 100% of the outstanding membership interests of DelivMeds and Wellgistics Pharmacy.