LataMed AI Partners with Venezuelan Pharmacy Operators to Deploy AI-Powered Prescription Fulfillment Platform

May 26th, 2026 12:53 PM
By: Newsworthy Staff

LataMed AI Corp. has reached commercial terms with two pharmacy retail operators in Caracas to deploy its AI-powered prescription processing and pharmaceutical fulfillment platform, aiming to modernize healthcare logistics in Latin America.

LataMed AI Partners with Venezuelan Pharmacy Operators to Deploy AI-Powered Prescription Fulfillment Platform

LataMed AI Corp. (OTC: LMED), a development-stage digital health and artificial intelligence technology company, has announced commercial terms with two leading pharmacy retail operators in Caracas, Venezuela, to support the deployment of its AI-powered prescription processing and pharmaceutical fulfillment platform. The initiative is expected to establish an initial operational framework for the company's expanding AI-driven healthcare logistics ecosystem and support its broader Latin American commercialization strategy.

Venezuela was selected as the initial target market due to increasing interest in technology-enabled healthcare infrastructure solutions and opportunities for operational modernization within the country's pharmaceutical distribution sector, according to the company. Management believes that continued operational deployment and market evaluation in Venezuela may provide a framework for evaluating future expansion opportunities into additional South American markets as part of the company's long-term regional commercialization strategy.

The platform is designed to modernize traditional prescription fulfillment workflows through mobile-enabled prescription intake, artificial intelligence-based text recognition, automated inventory verification, fulfillment coordination, and delivery routing technologies. Management believes the platform addresses operational inefficiencies that currently exist throughout underserved healthcare distribution markets in Latin America.

Under the planned deployment, the platform is intended to support participating pharmacy operators by improving prescription processing efficiency, reducing administrative overhead, optimizing pharmacy inventory coordination, and enhancing customer accessibility through technology-enabled fulfillment and delivery systems. Management believes the initiative may provide several commercial advantages, including initial entry into an active pharmaceutical retail environment in a major Latin American metropolitan market, commercial evaluation opportunities for the company's healthcare logistics platform in a real-world setting, potential recurring transaction-based operational activity associated with prescription fulfillment volumes, and a scalable framework for future regional expansion throughout South America.

The company stated that the pharmacy fulfillment initiative is intended to integrate with the ongoing development of its broader digital healthcare ecosystem, including telehealth applications, healthcare analytics infrastructure, patient engagement technologies, and AI-assisted healthcare coordination platforms currently under development. Management believes the integration of pharmacy fulfillment capabilities into the company's expanding software and online infrastructure may enhance operational scalability, improve user accessibility, support future platform interoperability, and strengthen the company's long-term digital healthcare commercialization strategy throughout Latin America.

Dr. Kevin Rodan Levy, Chief Executive Officer of LataMed AI Corp., stated: "We believe pharmacy fulfillment represents a natural extension of our digital healthcare infrastructure strategy. By combining AI-enabled prescription processing, logistics coordination, and pharmacy retail participation, we are continuing development of healthcare technology solutions designed to support accessibility, operational efficiency, and scalability across Latin America."

The company emphasized that the pharmacy fulfillment platform and related deployment activities remain subject to continued operational planning, technology integration, commercial readiness, applicable regulatory considerations, partner implementation timelines, financing availability, and market adoption. No assurance can be provided regarding the timing of any broader commercial deployment, transaction volumes, revenue generation, geographic expansion, or operational success of the platform or related technologies. The company remains in the development and commercialization stage with respect to certain aspects of its healthcare technology platform.

For more information, visit the company's website at https://latamed.ai or review its filings with the U.S. Securities and Exchange Commission at www.sec.gov.

Source Statement

This news article relied primarily on a press release disributed by NewMediaWire. You can read the source press release here,

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