Teaneck-based Cognizant, a technology services and consulting company, is expanding its relationship with biopharmaceutical company Gilead Sciences. Under the agreement, Cognizant will manage Gilead’s global IT infrastructure, platforms, applications and advanced analytics, and lead initiatives designed to accelerate its digital transformation.
Based in Foster City, California, Gilead purchased Morris Plains-based Immunomedics for $21 billion at the end of 2020. It is now planning to create its East Coast hub in Parsippany, where it has leased 100,000 square feet of space at 369 Interpace Parkway.
The agreement between Gilead and Cognizant includes renewal and expansion of Cognizant services for a total expected value of $800 million over the next five years. The collaboration is aimed at enabling Gilead to streamline various parts of its business with the goal of faster time to market of various medicines for life-threatening diseases, including HIV, viral hepatitis, and cancer.
“Over the past three years, Cognizant has demonstrated quality delivery, adaptability and dedication to Gilead’s success,” said Marc Berson, senior vice president and chief information officer at Gilead Sciences. “Through this collaboration, Cognizant has provided critical expertise to progress our digital transformation journey while enabling stable, secure operations. This has allowed us to advance research and commercialization of transformative treatments for some of the world’s most challenging diseases. We look forward to expanding this partnership to advance to the next phases of our capability roadmap.”
Building on the company’s collaboration, Cognizant will continue to support Gilead in the following:
“We’re excited about this expanded partnership with Gilead, one of the pharmaceutical industry leaders in adapting advanced technologies to better deliver transformative treatments for patients world-wide,” said Surya Gummadi, executive vice president and president, Cognizant Americas. “Working together our teams will be leveraging the latest technologies from automation to cloud computing, and Generative AI to help Gilead bring its products to market faster, more efficiently, and with higher customer satisfaction.”
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