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Wellgistics Health Joins OptiSource to Expand Access and Drive Savings for Independent Pharmacies

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Wellgistics Health (NASDAQ:WGRX), a drug distribution and digital script routing platform, has joined OptiSource, LLC, a group purchasing organization. This strategic membership aims to enhance Wellgistics' purchasing power and product access for independent pharmacies. The partnership will enable Wellgistics to offer more competitive pricing on generic drugs, expanded formulary options, and better access to shortage and specialty items. This move is designed to help community-based pharmacies compete more effectively against larger chain pharmacies and vertically integrated competitors. CEO Brian Norton emphasized that this collaboration reinforces their commitment to empowering independent pharmacies with enhanced purchasing capabilities and supply chain confidence.
Wellgistics Health (NASDAQ:WGRX), una piattaforma di distribuzione farmaceutica e instradamento digitale di prescrizioni, ha aderito a OptiSource, LLC, un'organizzazione di acquisto collettivo. Questa collaborazione strategica mira a potenziare il potere d'acquisto e l'accesso ai prodotti di Wellgistics per le farmacie indipendenti. La partnership permetterà a Wellgistics di offrire prezzi più competitivi sui farmaci generici, un'ampia scelta di formulari e un migliore accesso a prodotti in carenza e specializzati. Questa iniziativa è pensata per aiutare le farmacie di comunità a competere in modo più efficace contro le grandi catene e i concorrenti verticalmente integrati. Il CEO Brian Norton ha sottolineato che questa collaborazione rafforza il loro impegno nel supportare le farmacie indipendenti con maggiori capacità di acquisto e fiducia nella catena di approvvigionamento.
Wellgistics Health (NASDAQ:WGRX), una plataforma de distribución de medicamentos y enrutamiento digital de recetas, se ha unido a OptiSource, LLC, una organización de compras grupales. Esta membresía estratégica tiene como objetivo mejorar el poder de compra y el acceso a productos de Wellgistics para farmacias independientes. La alianza permitirá a Wellgistics ofrecer precios más competitivos en medicamentos genéricos, opciones ampliadas de formularios y mejor acceso a productos en escasez y especializados. Esta iniciativa está diseñada para ayudar a las farmacias comunitarias a competir de manera más efectiva contra las grandes cadenas y competidores integrados verticalmente. El CEO Brian Norton destacó que esta colaboración refuerza su compromiso de empoderar a las farmacias independientes con capacidades mejoradas de compra y confianza en la cadena de suministro.
Wellgistics Health(NASDAQ:WGRX)는 의약품 유통 및 디지털 처방 라우팅 플랫폼으로서 그룹 구매 조직인 OptiSource, LLC에 가입했습니다. 이번 전략적 가입은 독립 약국들의 구매력과 제품 접근성을 강화하기 위한 것입니다. 이 파트너십을 통해 Wellgistics는 제네릭 의약품에 대해 더 경쟁력 있는 가격, 확장된 처방 목록 옵션, 그리고 품절 및 전문 품목에 대한 더 나은 접근을 제공할 수 있게 됩니다. 이 조치는 지역사회 기반 약국들이 대형 체인 약국 및 수직 통합 경쟁자들과 보다 효과적으로 경쟁할 수 있도록 설계되었습니다. CEO 브라이언 노턴은 이 협력이 독립 약국에 향상된 구매 능력과 공급망 신뢰를 제공하겠다는 그들의 의지를 강화한다고 강조했습니다.
Wellgistics Health (NASDAQ:WGRX), une plateforme de distribution de médicaments et de routage numérique d'ordonnances, a rejoint OptiSource, LLC, une organisation d'achat groupé. Cette adhésion stratégique vise à renforcer le pouvoir d'achat et l'accès aux produits de Wellgistics pour les pharmacies indépendantes. Ce partenariat permettra à Wellgistics d'offrir des prix plus compétitifs sur les médicaments génériques, des options de formulaires élargies et un meilleur accès aux produits en rupture de stock et spécialisés. Cette initiative est conçue pour aider les pharmacies de proximité à mieux concurrencer les grandes chaînes et les concurrents intégrés verticalement. Le PDG Brian Norton a souligné que cette collaboration renforce leur engagement à soutenir les pharmacies indépendantes grâce à des capacités d'achat améliorées et une confiance accrue dans la chaîne d'approvisionnement.
Wellgistics Health (NASDAQ:WGRX), eine Plattform für Arzneimittelvertrieb und digitales Rezeptmanagement, ist der Einkaufsgemeinschaft OptiSource, LLC beigetreten. Diese strategische Mitgliedschaft zielt darauf ab, Wellgistics' Einkaufskraft und Produktzugang für unabhängige Apotheken zu verbessern. Die Partnerschaft ermöglicht es Wellgistics, wettbewerbsfähigere Preise für Generika, erweiterte Formularoptionen und besseren Zugang zu Engpass- und Spezialartikeln anzubieten. Dieser Schritt soll gemeindebasierte Apotheken dabei unterstützen, effektiver gegen größere Apothekenketten und vertikal integrierte Wettbewerber zu bestehen. CEO Brian Norton betonte, dass diese Zusammenarbeit ihr Engagement unterstreicht, unabhängige Apotheken mit verbesserten Einkaufsmöglichkeiten und mehr Sicherheit in der Lieferkette zu stärken.
Positive
  • Strategic membership in OptiSource enhances purchasing power and competitive positioning
  • Expanded access to shortage and specialty items for pharmacy partners
  • Improved ability to offer competitive pricing on generic drugs
  • Greater formulary depth for independent pharmacy customers
Negative
  • None.

TAMPA, FL / ACCESS Newswire / June 10, 2025 / Wellgistics Health (NASDAQ:WGRX) ("Wellgistics Health"), a next-generation drug distribution, digital script routing, and hub fulfillment platform, is proud to announce its official membership in OptiSource, LLC, a group purchasing organization that provides innovative business solutions, group purchasing programs, and other efficiency-enhancing and cost-saving services to its members. This strategic move significantly enhances Wellgistics Health's purchasing power, product access, and support for community-based pharmacy partners.

By joining OptiSource, Wellgistics Health strengthens its ability to offer competitive pricing on generics, greater formulary depth, and expanded access to shortage and specialty items, ensuring that independent pharmacies can continue to thrive in a landscape dominated by larger chain and vertically integrated competitors.

"Our partnership with OptiSource reinforces our commitment to empowering independent pharmacies with every advantage possible," said Brian Norton, CEO of Wellgistics Health. "Through OptiSource, we're bringing our customers more purchasing power, more products, and more confidence in their supply chain."

About OptiSource

OptiSource is a national generic sourcing consortium composed of over a dozen regional pharmaceutical wholesalers and distributors. It works directly with top-tier manufacturers to negotiate volume-based pricing, ensuring smaller players receive the kinds of terms typically reserved for the industry's largest buyers.

As a member of OptiSource, Wellgistics Health gains access to:

  • Nationally negotiated pricing across a wide range of generics, including specialty and niche products

  • Improved contract terms and rebate programs

  • Stability of long-standing contracts and industry reputation

  • Strategic partnerships with the largest generic manufacturers

Empowering Independent Pharmacies

Wellgistics Health has long been an advocate for independent pharmacies, offering customized solutions, transparent pricing, and hands-on service. With this new affiliation, the Company strengthens its role as a preferred secondary and primary source of generic pharmaceuticals for retail, compounding, and specialty providers across the U.S.

About Wellgistics Health

Wellgistics Health (NASDAQ: WGRX) moves medications from maker to taker-faster, cheaper, and smarter. Its vertically integrated platform connects U.S.-based pharmaceutical manufacturers directly to providers, pharmacies, employer groups, and patients. From wholesale distribution and digital routing to cash-pay fulfillment and hub services like eligibility, adherence, and prior authorization-it manages the entire prescription journey. A PBM alternative, but PBM-agnostic, Wellgistics Health delivers seamless, compliant, end-to-end solutions designed to restore access, transparency, and trust across the healthcare system.

For more information, visit www.wellgisticshealth.com.

Forward-Looking Statements

This press release may contain forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When Wellgistics Health uses words such as "may, "will, "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. These forward-looking statements include, without limitation, Wellgistics Health's statements regarding Wellgistics Health's strategy and descriptions of its future operations, prospects, and plans, including without limitation its plan in connection with certain financings and cryptocurrencies and outlook and actions with respect to incurring future expenses. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from Wellgistics Health's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other risks detailed in our reports and statements filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in Wellgistics Health's filings with the SEC, which are available for review at www.sec.gov.

For more information, please contact:

Media Contact: media@wellgisticshealth.com
Investor Relations: investors@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.



View the original press release on ACCESS Newswire

FAQ

What is the purpose of Wellgistics Health (WGRX) joining OptiSource?

Wellgistics Health joined OptiSource to enhance its purchasing power, expand product access, and provide better pricing and support for independent pharmacies.

How will WGRX's OptiSource membership benefit independent pharmacies?

The membership will provide independent pharmacies with more competitive generic drug pricing, expanded formulary options, and better access to shortage and specialty items.

Who is the CEO of Wellgistics Health (WGRX)?

Brian Norton is the CEO of Wellgistics Health.

What services does Wellgistics Health (WGRX) provide?

Wellgistics Health operates as a next-generation drug distribution, digital script routing, and hub fulfillment platform.

How does the OptiSource partnership help WGRX compete with larger pharmacies?

The partnership enhances Wellgistics' ability to offer competitive pricing and expanded product access, helping independent pharmacies compete against larger chain and vertically integrated competitors.
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