Wellfully Limited (ASX:WFL), a science-based wellness company founded in 1992 and headquartered in Leederville, Western Australia, engages in the research, development and commercialization of Dermaportation and Enhanced Transdermal Polymer (ETP) transdermal drug delivery technologies; it operates through segments including Dermaportation Drug Delivery Technology and Devices, with brands such as REDUIT for technology-enhanced skincare and haircare treatments featuring ultrasonic diffusion and magnetic mist applicators like the RÉDUIT One device and Hairpods, and SWISSWELL for related wellness products; the company provides industrialization, supply-chain support, direct-to-consumer marketing, business-to-business collaborations, and third-party partnerships serving pharmaceutical, cosmetic, skincare and consumer healthcare sectors across Australia, Switzerland via Wellfully SA, and international markets. Wellfully targets precise active ingredient delivery in haircare, skincare, medical treatments and surface applications using patented Magnetic Misting, Permanent Magnetic, Electromagnetic and Programmable Array technologies. In recent developments, the company entered administration in August 2023 with Bryan Hughes and Christopher Pattinson of Pitcher Partners appointed as administrators, followed by multiple adjournments of creditor meetings through 2024 amid asset sale interests and recapitalization efforts including a non-binding MOU with The Brandbase in late 2022 that ceased in 2023, a $1.5 million capital raise via placements in April 2023, debt conversions involving related parties, and organizational restructuring for cost reduction; further administrations occurred in October 2024 with Clifford Rocke and Jimmy Trpcevski of WA Insolvency Solutions, culminating in liquidation appointment on November 27, 2024, and delisting from the ASX on July 31, 2025 under Listing Rule 17.12 due to prolonged trading suspension exceeding two years.