IQVIA Holdings Partners with Veeva to Boost Clinical and Commercial Efficiency
- IQVIA and Veeva form a long-term partnership to enhance operational efficiencies in healthcare and life sciences.
- The collaboration integrates IQVIA's data into Veeva's analytics and AI tools for improved customer workflows.
- IQVIA leverages Veeva's Clinical Suite to accelerate clinical trial execution and improve data quality and speed.
IQVIA and Veeva Forge Strategic Partnership to Enhance Clinical and Commercial Efficiencies
IQVIA Holdings and Veeva Systems announce a transformative long-term partnership aimed at improving operational efficiencies for their clients in the healthcare and life sciences sectors. This collaboration marks a significant milestone, as it not only resolves all existing legal disputes between the two companies but also establishes a framework for integrated services that enhance both clinical and commercial operations. By allowing clients to seamlessly share software, data, technology, and services, the partnership promises to streamline processes and improve data management across various applications.
In the commercial domain, the partnership includes master data and third-party access agreements that facilitate the integration of IQVIA's data into Veeva’s Network for master data management (MDM), Veeva Nitro for analytics, and Veeva's AI capabilities. This integration is set to optimize customer workflows, enabling companies to gain quicker access to essential data and insights for their projects. Further, IQVIA’s participation in Veeva’s Technology, AI, and Services Partner Programs emphasizes a commitment to enhancing customer integration efforts, ultimately providing a unified solution for clients seeking advanced analytics and information management tools.
On the clinical side, IQVIA's involvement in Veeva’s CRO Clinical Data Partner Program allows it to leverage Veeva's Clinical Suite for more efficient execution of clinical trials. This collaboration facilitates the use of Veeva’s Electronic Data Capture (EDC) system, which is instrumental in accelerating database builds, study locks, and data delivery. By combining IQVIA's extensive expertise in clinical data management with Veeva’s innovative technology, the partnership aims to enhance the overall quality and speed of clinical studies, benefiting clients who rely on timely and accurate data for their research and development efforts.
In addition to operational advancements, this partnership signals a strategic alignment between IQVIA and Veeva, positioning both companies to better serve their clients in an increasingly complex regulatory environment. The collaboration is expected to create substantial value for customers by providing them with integrated, data-driven solutions that enhance efficiency across their organizations.
Overall, the partnership between IQVIA and Veeva represents a pivotal development for both companies and their clients, as they work together to drive innovation and improve outcomes in the healthcare and life sciences industries.