Leading medical diagnostics company unifies clinical data management and operations
for increased efficiency
PLEASANTON, CA — Oct. 14, 2020 — Veeva Systems (NYSE: VEEV) today announced that Exact Sciences, a leading provider of cancer screening and diagnostic tests, selected Veeva Vault Clinical Suite to design and run its clinical studies. Exact Sciences will use Veeva Vault CDMS, Veeva Vault CTMS, and Veeva Vault eTMF to streamline clinical data and trial processes on a single cloud platform. With a unified suite of applications, Exact Sciences can stay ahead of ever-changing regulations such as EU IVDR and MDR.
“We are modernizing our trial processes with Veeva to get the next generation of cancer tests to patients quickly,” said Sandra Statz, senior vice president of clinical and regulatory affairs at Exact Sciences. “Veeva Vault Clinical Suite allows us to streamline our clinical studies from build to close and accelerate the development of potential life-changing products.”
Exact Sciences is at the forefront of advanced diagnostics for early cancer detection, treatment guidance, and monitoring. With Vault Clinical Suite, Exact Sciences can scale to run more trials, speed innovations, ensure compliance, and increase overall efficiency.
The Vault Clinical Suite modernizes end-to-end study processes with unified applications for clinical data management and clinical operations. Vault CDMS shortens database build times for studies of all types. Interactive reports in Vault CTMS provide real-time visibility to proactively track milestones and manage studies. Vault eTMF enables real-time management of TMF processes and documents as they are being executed to stay inspection ready.
“As a fast-growing diagnostics company, Exact Sciences needed a partner to keep up with their pace of innovation,” said Jim Diefenbach, general manager of Veeva Medical Device and Diagnostics. “Veeva is helping Exact Sciences efficiently manage clinical processes and data, advance product development, and remain agile throughout their clinical studies.”
Veeva Vault provides unified suites of cloud applications for medical device and diagnostics companies to manage regulated content and data throughout the product lifecycle, including the Vault Clinical, Vault Quality, Vault Regulatory, Vault Medical, and Vault Commercial Content Management suites.
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About Veeva Systems
Veeva Systems Inc. is a leader in cloud solutions—including data, software, and services—for the global life sciences industry. Committed to innovation, product excellence, and customer success, Veeva serves more than 900 customers, ranging from the world’s largest pharmaceutical companies to emerging biotechs. The company is headquartered in the San Francisco Bay Area, with offices throughout North America, Europe, Asia, and Latin America. For more information, visit veeva.com.
This release contains forward-looking statements, including the market demand for and acceptance of Veeva’s products and services, the results from use of Veeva’s products and services, and general business conditions (including the on-going impact of COVID-19), particularly within the life sciences industry. Any forward-looking statements contained in this press release are based upon Veeva’s historical performance and its current plans, estimates, and expectations, and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent Veeva’s expectations as of the date of this press announcement. Subsequent events may cause these expectations to change, and Veeva disclaims any obligation to update the forward-looking statements in the future. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially. Additional risks and uncertainties that could affect Veeva’s financial results are included under the captions, “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” in the company’s filing on Form 10-Q for the period ended July 31, 2020. This is available on the company’s website at veeva.com under the Investors section and on the SEC’s website at sec.gov. Further information on potential risks that could affect actual results will be included in other filings Veeva makes with the SEC from time to time.