Verizon Business Selected to Transform Astellas Pharma’s Global Network Infrastructure

Rhea-AI Summary

Verizon Business has been chosen to manage Astellas Pharma Inc’s global network infrastructure, marking a significant step in Astellas’s digital transformation. This strategic partnership aims to enhance patient outcomes and reduce drug development timelines through advanced network technologies. Astellas, with over 14,000 employees globally and operations in 70+ locations, seeks to build a scalable secure network. This initiative builds on a decade-long relationship between the two companies and supports Astellas's growth vectors by improving connectivity and innovation.

Positive

• Partnership with Verizon enhances Astellas's digital infrastructure, enabling advanced technologies.
• Focus on reducing drug development timelines and healthcare costs could increase Astellas's market competitiveness.
• Leveraging AI and machine learning can lead to improved patient outcomes.

Negative

• None.

Digital Transformation seen as critical enabler in delivering improved patient outcomes and future growth

TOKYO, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Verizon Business has been selected to manage Astellas Pharma Inc’s (Astellas) global network infrastructure. The network transformation will enable Astellas to harness advanced technologies to help reduce drug development timelines, healthcare costs and drive new revenue opportunities for the Japanese pharmaceutical multinational.

Headquartered in Tokyo, Japan, Astellas is a global pharmaceutical company involved in the research, development, manufacture, and marketing of innovative new drugs under the vision of “Stand on the forefront of healthcare change to turn innovative science into VALUE for patients”. The company employs 14,000 employees worldwide.

The company has identified digital transformation as a key driver of its business growth and began the search for a global partner to transform all aspects of its global technology infrastructure including building, designing and executing a next-generation secure network. In particular, Astellas was looking for a scalable and predictable platform that could seamlessly manage tens of thousands of devices and endpoints across Astellas’ 70+ global locations across a virtualized multi-sourced environment.

Verizon’s relationship with Astellas stretches back more than a decade. In 2016, Astellas successfully deployed Verizon’s Secure Cloud Interconnect (SCI) solution to provide a high-bandwidth secure connection to its Amazon Web Services (AWS) and Microsoft Azure cloud services. Verizon’s current remit includes the build and deployment of Astellas’ global integrated network with a full suite of managed services, including Managed Wide Area Network, Local Area Network, Managed Security Services (MSS), Secure Gateway, Zero Trust Network Access and Unified Communications and Collaboration as a Service.  

Shinya Suda, Senior Vice President, Information Systems, Astellas commented, “From R&D to sales, we are seeing enormous amounts of data and intelligence flow through our business, across our 70 locations around the world. We want to ensure that we have a future-proof network in order to utilize cutting-edge technologies such as Artificial Intelligence, machine learning and robotics to make data-driven decisions to deliver better value for our patients. Our network transformation will underpin the next phase of our growth.”

“The network is transformative in its ability to enable innovation and growth and Astellas is changing the way they are using the tools at their disposal to completely revolutionize their business. This is truly a watershed moment for the pharmaceutical industry as companies grapple with the pressures of reducing time and costs for the development of drugs while improving patient care and value. We’re proud to have been a part of Astellas’ growth journey for more than a decade,” said Robert Le Busque, Regional Vice-President, Verizon Business Group, Asia Pacific. 

Today’s announcement builds on the company’s network-as-a-service foundation and supports its private networks, mobile edge compute and business solutions vectors of growth.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology and communications services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $133.6 billion in 2021. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contact:
Nilesh Pritam
nilesh.pritam@sg.verizon.com
+65.9277.9048

FAQ

What is the partnership between Verizon and Astellas Pharma about?

Verizon Business will manage Astellas Pharma's global network infrastructure to enhance patient outcomes and drive growth.

How will the network transformation impact Astellas Pharma's operations?

The transformation aims to reduce drug development timelines, cut healthcare costs, and support innovative technologies.

When was the announcement made regarding Verizon's partnership with Astellas?

The announcement was made on August 9, 2022.

What are the main goals of Astellas's digital transformation?

The main goals include improving patient outcomes, accelerating drug development, and creating new revenue opportunities.

What type of services will Verizon provide to Astellas?

Verizon will provide a suite of managed services including network infrastructure, security services, and cloud connectivity.