Veeva Systems Inc. Class A Common Stock (VEEV)
Frequently Asked Questions About Veeva Systems Inc. Class A Common Stock (VEEV)
Has Veeva acquired any companies?
Yes, Veeva Systems Inc. has made several strategic acquisitions to enhance its product offerings and expand its capabilities. Notable acquisitions include those of companies that specialize in data analytics, clinical trial management, and regulatory compliance, allowing Veeva to offer more integrated and comprehensive solutions to its clients in the life sciences sector.
How does Veeva ensure data security and compliance?
Veeva Systems Inc. takes data security and compliance very seriously, implementing rigorous security measures to protect sensitive information. The company adheres to strict industry standards and regulatory requirements, including GDPR and HIPAA. Veeva's cloud solutions are designed with security features that ensure data integrity and privacy, enabling clients to meet compliance mandates more effectively.
Is Veeva Systems Inc. publicly traded?
Yes, Veeva Systems Inc. is publicly traded on the New York Stock Exchange under the ticker symbol VEEV. The company went public in 2013 and has since seen significant growth, becoming a leader in cloud-based solutions for the life sciences industry.
What are some of the key partnerships Veeva has formed?
Veeva Systems Inc. has formed several key partnerships with organizations in the life sciences sector, including pharmaceutical companies, contract research organizations (CROs), and regulatory agencies. These partnerships aim to foster collaboration and innovation in the industry, enabling Veeva to deliver integrated solutions and expand its reach within the life sciences ecosystem.
What are the competitive advantages of Veeva Systems Inc.?
Veeva Systems Inc. boasts several competitive advantages, including its deep specialization in the life sciences sector, a strong track record of compliance with industry regulations, and a robust cloud-based platform that promotes collaboration and data integrity. Furthermore, Veeva's commitment to innovation and customer support has helped it establish a loyal customer base and a strong market presence.
What are the main products offered by Veeva?
Veeva Systems Inc. offers a variety of products, including Veeva Vault, Veeva CRM, Veeva Vault Quality, Veeva Vault QMS, and Veeva Vault PromoMats. These products are designed to streamline processes related to data management, customer relationship management, quality assurance, and promotional material management, helping clients in the life sciences field to enhance compliance and efficiency.
What does Veeva Systems Inc. do?
Veeva Systems Inc. is a cloud-based software company that specializes in providing solutions for the life sciences industry. Its products help organizations in the pharmaceutical and biotechnology sectors manage their clinical, regulatory, and commercial operations efficiently. Veeva's solutions aim to enhance productivity and innovation by offering tools for data management, customer relationship management, and compliance.
What growth strategies does Veeva employ?
Veeva Systems Inc. employs a range of growth strategies, including expanding its product offerings, entering new markets, and forging strategic partnerships. By continuously enhancing its technology and ensuring it meets the evolving needs of the life sciences sector, Veeva seeks to maintain its leadership position and leverage opportunities for growth in the industry.
What impact has Veeva Systems made on the life sciences industry?
Veeva Systems Inc. has had a significant impact on the life sciences industry by revolutionizing the way companies manage critical processes through the use of cloud technology. By enabling better data management, collaboration, and compliance tracking, Veeva has helped clients streamline their operations, reduce time to market for new therapies, and improve regulatory adherence, ultimately enhancing industry efficiency.
What industries does Veeva serve?
Veeva Systems Inc. primarily serves the life sciences industry, which includes pharmaceuticals, biotechnology, and medical devices. The solutions offered by Veeva are tailored to meet the specific regulatory and operational needs of these sectors, catering to the unique challenges presented by drug development, clinical trials, and market access.
What is the significance of Veeva Vault?
Veeva Vault is a cloud-based content management platform that allows life sciences companies to manage and share their documents seamlessly. It provides a centralized repository for clinical, regulatory, and commercial data, ensuring that teams can collaborate effectively while complying with industry regulations. This importance is amplified by the inherent need for stringent documentation and data integrity in the life sciences sector.
What is Veeva's approach to customer support?
Veeva Systems Inc. emphasizes strong customer support as a crucial element of its business model. They provide comprehensive resources, including training, consultation, and dedicated support teams, to assist clients in implementing and maximizing the use of Veeva's solutions. This commitment to customer success helps foster long-term relationships and ensures that users can effectively leverage the software.
What is Veeva's commitment to corporate social responsibility?
Veeva Systems Inc. is committed to corporate social responsibility by actively engaging in philanthropic initiatives and promoting sustainability. The company encourages its employees to participate in community service and supports various charitable causes related to health, education, and social equity, reflecting its dedication to making a positive impact beyond the life sciences industry.
What is Veeva's mission?
Veeva Systems Inc. has a mission to help the life sciences industry bring new therapies to market faster and more efficiently. By providing innovative cloud-based solutions, Veeva aims to improve the processes involved in drug development, regulatory compliance, and commercial effectiveness, ultimately enhancing patient outcomes.
When was Veeva Systems Inc. founded?
Veeva Systems Inc. was founded in 2007 by Peter Gassner, who aimed to create a software platform specifically for the life sciences industry. Since its inception, the company has expanded its services and developed a comprehensive suite of applications that addresses the unique challenges faced by pharmaceutical companies, allowing them to improve their operational efficiency.
Where can I find Veeva's financial information?
Veeva Systems Inc.'s financial information can be found on its Investor Relations website, which provides access to quarterly and annual reports, SEC filings, and other financial disclosures. Additionally, financial data, including stock performance and market analysis, can be accessed through financial news websites and stock market platforms.
Where is Veeva Systems Inc. headquartered?
Veeva Systems Inc. is headquartered in Pleasanton, California. This location places the company in the heart of the technology hub of the San Francisco Bay Area, allowing it access to a wealth of talent and resources to support its cloud-based solutions for life sciences.
Who are Veeva Systems Inc.'s primary customers?
Veeva Systems Inc.'s primary customers include pharmaceutical companies, biotechnology firms, and organizations involved in life sciences research and development. The company serves a diverse range of clients from small biotech start-ups to large global pharmaceutical corporations, all of whom rely on Veeva's technology to manage their operations and regulatory compliance.
Who is the CEO of Veeva Systems Inc.?
Peter Gassner is the co-founder and CEO of Veeva Systems Inc. Under his leadership, the company has grown significantly, focusing on delivering value to customers through innovative software solutions tailored to the life sciences industry. Gassner's vision has helped shape Veeva's strategic direction and growth trajectory since its founding.
What is the current price of Veeva Systems Inc. Class A Common Stock?
The current price of Veeva Systems Inc. Class A Common Stock is 220.72
When was Veeva Systems Inc. Class A Common Stock last traded?
The last trade of Veeva Systems Inc. Class A Common Stock was at 11:52 am EDT on April 3rd, 2025
What is the market capitalization of Veeva Systems Inc. Class A Common Stock?
The market capitalization of Veeva Systems Inc. Class A Common Stock is 5.48B
How many shares of Veeva Systems Inc. Class A Common Stock are outstanding?
Veeva Systems Inc. Class A Common Stock has 24.84M shares outstanding.