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Veeva Announces Environmental Monitoring Solution to Modernize Quality Control in Manufacturing
Prnewswire· 2026-01-08 12:03
Core Insights - Veeva Systems has announced a new environmental monitoring solution aimed at enhancing quality control in manufacturing operations, which will be available in December 2026 [1][3] Group 1: Product Features - The Veeva Environmental Monitoring solution is a cloud-native application that integrates with Veeva LIMS, allowing laboratories and manufacturing facilities to schedule, collect, and analyze environmental samples to ensure compliance with GMP and internal sterility standards [1][2] - This solution is part of Veeva Quality Cloud and will eliminate data silos and paper-based processes, thereby streamlining the batch release process [2] Group 2: Strategic Commitment - The introduction of Veeva Environmental Monitoring reflects the company's long-term commitment to modernizing quality and manufacturing processes by removing legacy technology [3] - The solution aims to create a seamless process across quality control, micro labs, and batch release, enhancing overall operational efficiency [3] Group 3: Company Overview - Veeva Systems provides cloud-based software, data, and consulting services specifically for the life sciences industry, serving over 1,500 customers, including major biopharmaceutical companies and emerging biotechs [4] - As a Public Benefit Corporation, Veeva is dedicated to balancing the interests of various stakeholders, including customers, employees, and shareholders [4]
Veeva Expands Market Reach Through Targeted Strategic Partnerships
ZACKS· 2025-07-09 16:55
Core Insights - Veeva Systems (VEEV) is strategically expanding its partnerships in 2025, enhancing its integration within the life sciences sector and driving growth [1][3][7] Partnerships and Collaborations - In June 2025, Veeva partnered with the Sarah Cannon Research Institute to implement its Clinical Platform at over 200 oncology research sites, validating its technology for cancer trials [1] - Astellas selected Veeva's Vault CRM as its global standard for commercial operations, including a version tailored for China [1] - Veeva collaborated with Zifo in January 2025 to facilitate the integration of lab quality data into Veeva LIMS, expediting system rollouts [1] - EVERSANA joined Veeva's partner program in April 2025 to co-develop generative AI tools for content creation and customer engagement [2] - Partnerships with DNAnexus and Accumulus Synergy have enhanced Veeva's regulatory capabilities, aiding pharma companies in managing global filings [2] Market Position and Performance - Veeva's partnerships are accelerating adoption, strengthening customer relationships, and creating new growth avenues in clinical research, AI engagement, and regulatory compliance [3] - VEEV shares have increased by 33.5% year-to-date, significantly outperforming the industry growth of 8.1% [6][7] Valuation and Earnings Estimates - Veeva trades at a forward price-to-sales ratio of 14.25, which is above the industry average [8] - The Zacks Consensus Estimate for VEEV's fiscal 2026 earnings suggests a 15.8% increase compared to the previous year [9] - Current earnings estimates for the upcoming quarters indicate a year-over-year growth of 17.28% for the current quarter and 15.76% for the current year [10]