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Merck Commits to Veeva Vault CRM

1. Merck has committed to Veeva's Vault CRM for commercial execution. 2. This partnership supports Merck's significant upcoming product launches. 3. Veeva's CRM suite enhances commercial efficiency across various channels. 4. Veeva serves over 1,000 life sciences customers globally. 5. The partnership ensures compliance with regional business requirements.

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FAQ

Why Bullish?

The strategic partnership with Merck may enhance Veeva's revenue streams, similar to past successful collaborations with other major pharma companies that boosted stock performance.

How important is it?

Strong partnership with a major player like Merck significantly impacts Veeva's market position and future growth potential, driving investor confidence.

Why Long Term?

As Merck undertakes major launches, sustained revenues for Veeva can be anticipated over the coming years, reflecting the long-term benefits of deepened integrations.

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Deep application provides foundation for commercial execution , /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced that Merck (NYSE: MRK), known as MSD outside of the United States and Canada, has committed to Veeva Vault CRM. The Vault CRM solution will support Merck as they enter one of the most significant launch periods in the company's history across a diverse set of new therapeutic areas and modalities. "We are excited to expand our strategic partnership with Veeva by moving to Vault CRM," said Dave Williams, executive vice president and chief information and digital officer at Merck. "We share a deep commitment to customer success, and Vault CRM will provide Merck the technology foundation to drive commercial execution." "Merck has consistently been at the forefront of leading-edge science that improves the lives of millions around the world," said Veeva CEO Peter Gassner. "We are honored to be a strategic partner to Merck and it is great to see our partnership extend to Vault CRM." Vault CRM is part of the Vault CRM Suite of deep applications that drive more effective commercial execution across personal and digital channels. With advanced global capabilities, Vault CRM Suite addresses the industry's unique regional and country-specific business and compliance requirements.  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. 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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