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Indero Marks 40th Study Live with Veeva RTSM

1. Indero launched 40th RTSM study on Veeva's platform, enhancing efficiency. 2. Standardization on Veeva RTSM supports improved clinical trial operations and timelines. 3. Partnership shows growing reliance on Veeva for streamlining processes in trials. 4. Veeva's cloud software continues to lead in life sciences with strong customer base. 5. Positive user feedback indicates increased speed in bringing therapies to market.

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Why Bullish?

Indero's successful adoption of Veeva RTSM may boost market confidence in VEEV. Similar past partnerships have led to positive stock performance.

How important is it?

The advancements in Veeva's RTSM capabilities enhance operational efficiency and market competitiveness. Increasing market adoption suggests overall growth potential for VEEV.

Why Short Term?

Immediate efficiency gains in clinical trials can lead to quicker revenue realization for VEEV. Last quarter's performance showed positive trends tied to product adoption.

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Specialized CRO standardizes on Veeva RTSM to drive operational efficiency and faster study timelines , /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced that Indero, formerly Innovaderm Research, successfully launched its 40th RTSM study on Veeva RTSM. By standardizing with Veeva RTSM, Indero has strengthened its clinical trial operations, harnessing advanced RTSM capabilities and expert support to drive efficiency, enhance process consistency, and streamline execution. "As we continue to optimize our clinical trial operations, Veeva RTSM has driven more efficient processes and closer collaboration to ensure seamless execution," said Eric Hardy, senior director, biometrics at Indero. "Because of this added speed and effectiveness, we can help bring therapies to market faster, allowing our sponsors, sites, and patients to benefit sooner." The launch of Indero's 40th RTSM study highlights the continued collaboration between the two organizations. Since first adopting Veeva RTSM, Indero has worked closely with Veeva to continuously refine and implement standardized processes that drive long-term success for its clinical trials. "With its enterprise standard RTSM approach, Indero is achieving greater long-term efficiency and reliability in their studies," said Steve Simmerman, general manager, Veeva RTSM. "Partnering with Indero to standardize clinical processes will further accelerate study timelines, demonstrating a streamlined approach that can advance the industry." Additional InformationTo learn more about Veeva's enterprise standard RTSM, visit www.veeva.com/rtsm. About Veeva SystemsVeeva is the global leader in cloud software for the life sciences industry. Committed to innovation, product excellence, and customer success, Veeva serves more than 1,000 customers, ranging from the world's largest biopharmaceutical companies to emerging biotechs. As a Public Benefit Corporation, Veeva is committed to balancing the interests of all stakeholders, including customers, employees, shareholders, and the industries it serves. For more information, visit veeva.com. Veeva Forward-looking StatementsThis release contains forward-looking statements regarding Veeva's products and services and the expected results or benefits from use of our products and services. These statements are based on our current expectations. Actual results could differ materially from those provided in this release and we have no obligation to update such statements. There are numerous risks that have the potential to negatively impact our results, including the risks and uncertainties disclosed in our filing on Form 10- Q for the period ended October 31, 2024, which you can find here (a summary of risks which may impact our business can be found on pages 36 and 37), and in our subsequent SEC filings, which you can access at sec.gov. Contact: Deivis MercadoVeeva Systems925-226-8821[email protected] SOURCE Veeva Systems WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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