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Wellgistics Health, Inc. Announces Agreement to Acquire Peek Healthcare Technologies, Inc., to Support Over 2,500 Patients and $1.5MM Annual Revenue

1. WGRX has acquired Peek Healthcare Technologies to expand its digital healthcare offerings. 2. This acquisition enhances WGRX's market position in pharmaceutical services and consumer empowerment.

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$4.304/10 07:50 AM EDTEvent Start
$2.8504/11 02:21 PM EDTLatest Updated
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FAQ

Why Bullish?

The acquisition indicates growth potential for WGRX, similar to other tech-health mergers that boosted stock prices. Historical examples like Teladoc's acquisitions show positive price reactions in the sector.

How important is it?

This acquisition is crucial for WGRX's growth strategy, significantly impacting its operational landscape and market competitiveness.

Why Long Term?

The benefits of this acquisition may take time to materialize, suggesting sustained future value, like the long-term gains experienced by companies after strategic acquisitions.

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TAMPA, FL / ACCESS Newswire / April 10, 2025 / Wellgistics Health, Inc. (NASDAQ:WGRX) ("Wellgistics Health" or the "Company"), a holding company for various existing and planned strategic businesses centered around healthcare technology and pharmaceutical services, today announced it has entered into a definitive agreement to acquire Peek Healthcare Technologies, Inc. ("Peek"). Peek operates the Peek Meds Marketplace, a digital prescription shopping platform built to empower consumers with real-time pricing transparency to assist consumers with making more informed medication purchase decisions.

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