Virtusa Partners with the IBRI to Drive Innovation and Accelerate Therapy Research
November 07 2018 - 10:00AM
Business Wire
Virtusa Corporation (NASDAQ GS:VRTU), a global provider of
digital strategy, digital engineering, and IT outsourcing services
that accelerates business outcomes for its clients, today announced
its collaboration with the Indiana Biosciences Research Institute
(IBRI) to accelerate Life Sciences research and development. This
partnership will leverage Virtusa’s vLife open innovation platform
to enable organizations to work in a connected ecosystem that
allows them to access, validate, and adopt other firms’
technologies (e.g. analytics, machine learning, artificial
intelligence) and enhance the entire research and development
process.
“Partnering with Virtusa will help the IBRI to achieve its
objective of enabling regional, large life sciences companies to
access data and technologies from a variety of organizations,” said
Daniel H. Robertson, PhD, research fellow & vice president of
Digital Technology, and director of the Applied Data Sciences
Center for the IBRI. “Through the vLife open innovation platform,
we’re exploring enabling Life Sciences firms to accelerate progress
towards finding next-level treatments by providing seamless access
to focused, timeline-driven collaboration with universities,
government entities, healthcare providers, and other research
institutes and organizations.”
Virtusa’s vLife open innovation platform is designed to engage
teams to innovate and operationalize solutions faster. To enable a
collaborative environment it uses open APIs that allow for the
secure and speedy flow of information. As part of this vLIfe
implementation, Virtusa and the IBRI will perform comparative
analyses of synthetic data with real-world data of diabetes
patients to better understand how synthetic data, which is not
constrained by HIPAA regulations, can accelerate research. These
analyses will measure the viability of synthetic data as an
alternative to real-world datasets to drive research with the
IBRI’s partners.
“The strategic partnership with the IBRI allows Virtusa to focus
on supporting our client’s near-term objective of enabling
accelerated discovery of diabetes treatment and its many long-term
objectives through modern, mature, and dynamic technologies,” said
Anthony Lange, senior vice president of Life Sciences, Virtusa.
“This partnership aims to enable industry connections to drive
innovation through extensive collaborative research on Virtusa’s
vLife open innovation platform.”
Virtusa’s Life Sciences practice helps companies navigate the
challenging landscape of drug pricing pressure, the patent cliff,
increasingly stringent regulations, growth into emerging markets,
and a shift to outcome-based payment structures. With a focus on
developing and harnessing connected care platforms that are both
data and AI-centered, Virtusa helps its clients to deliver better
patient outcomes at a lower cost.
For more information on Virtusa’s vLife Open Innovation
Platform, please visit: https://www.virtusa.com/vlife/
For more information on Virtusa’s Life Sciences Practice, visit:
https://www.virtusa.com/industry/life-sciences/
About IBRI
The Indiana Biosciences Research Institute (IBRI) is a 501(c)(3)
not-for-profit and independent applied research institute formed in
2013. The IBRI is focused on discovery and applied research to
facilitate the development of technologies and innovations aimed at
improving human and animal health, agriculture and the environment.
Target areas are diabetes, metabolic disease and poor nutrition,
and related applied data science and analytics. More at
http://www.indianabiosciences.org
About Virtusa Corporation
Virtusa Corporation (NASDAQ GS: VRTU) is a global provider of
Digital Business Transformation, Digital Engineering, and
Information Technology (IT) outsourcing services that accelerate
our clients’ journey to their Digital Future. Virtusa serves Global
2000 companies in Banking, Financial Services, Insurance,
Healthcare, Telecommunications, Media, Entertainment, Travel,
Manufacturing, and Technology industries.
Using a combination of digital strategy, digital engineering,
business implementation, and IT platform modernization services,
Virtusa helps clients execute successful end-to-end digital
business transformation initiatives.
Virtusa engages its clients to re-imagine their business models
and develop strategies to defend and grow their business by
introducing innovative products and services, developing
distinctive digital consumer experiences, creating operational
efficiency using digital labor, developing operational and IT
platforms for the future, and rationalizing and modernizing their
existing IT applications infrastructure. As a result, its clients
are simultaneously able to drive business growth through
digital-first customer experiences, while also consolidating and
modernizing their IT application infrastructure to support digital
business transformation.
Holding a proven record of success across industries, Virtusa
readily understands its clients' business challenges and uses its
domain expertise to deliver innovative applications of technology
to address its clients’ critical business challenges. Examples
include building the world's largest property & casualty claims
modernization program; one of the largest corporate customer
portals for a premier global bank; an order to cash implementation
for a multinational telecommunications provider; and digital
transformation initiatives for media and banking companies.
Founded in 1996 and headquartered in Massachusetts, Virtusa has
operations in North America, Europe, and Asia.
© 2018 Virtusa Corporation. All rights reserved.
Virtusa, Accelerating Business Outcomes, BPM Test Drive and
Productization are registered trademarks of Virtusa Corporation.
All other company and brand names may be trademarks or service
marks of their respective holders.
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GreenoughAmy Legere, 617-275-6517alegere@greenough.biz
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