Establishes connected software and data foundation for the future with
next-generation life sciences CRM and harmonized customer data<\/i><\/p>\n
BARCELONA, Spain \u2014 27 Nov. 2023 \u2014<\/strong> ³Ô¹Ï±¬ÁÏ Systems<\/a> (NYSE: VEEV) today announced that Bayer will be among the first top 20 biopharmas to move to ³Ô¹Ï±¬ÁÏ Vault CRM<\/a> worldwide, while also standardizing global customer data with ³Ô¹Ï±¬ÁÏ OpenData<\/a>. As Bayer moves to Vault CRM, the next generation of CRM for life sciences, it is harmonizing customer reference data for greater efficiency and continued innovation into the future. By unifying its global master data, Bayer will be poised to leverage AI-driven engagement across channels and geographies.<\/p>\n \u201cPartnering with ³Ô¹Ï±¬ÁÏ sets us up with the long-term technology and data foundation to gain the speed and agility needed for the complexities of modern medicine,\u201d says Patrick Moeller, global head of commercial IT and digital pharma at Bayer. \u201cVault CRM and ³Ô¹Ï±¬ÁÏ OpenData are essential to driving more precise and effective customer engagement in every region and therapeutic area.\u201d <\/p>\n Bayer currently relies on ³Ô¹Ï±¬ÁÏ CRM<\/a> to drive omnichannel engagement with healthcare professionals (HCPs) and launch new medicines across more than 80 countries. Bayer will expand its use of ³Ô¹Ï±¬ÁÏ OpenData to replace legacy data products with consistent, high-quality customer reference data worldwide. In streamlining its global data landscape, Bayer can deliver more accurate, timely data to field teams to better serve their customers.<\/p>\n \u201cBayer and ³Ô¹Ï±¬ÁÏ will continue our long-term partnership, working together to help its sales, medical, and marketing teams bring complex new medicines to global markets with speed and precision,\u201d said Tom Schwenger, president and chief operating officer at ³Ô¹Ï±¬ÁÏ. \u201cVault CRM and ³Ô¹Ï±¬ÁÏ OpenData will provide the foundation for commercial innovation to drive more effective on-demand engagement, expanding HCP relationships worldwide.\u201d<\/p>\n Keynote speakers from Bayer, along with another top 20 biopharma, will open ³Ô¹Ï±¬ÁÏ Commercial Summit, Europe<\/a>, sharing how Vault CRM is a key enabler of future commercial agility, innovation, and differentiation. Vault CRM is part of ³Ô¹Ï±¬ÁÏ Commercial Cloud<\/a>, the software foundation for commercial excellence. ³Ô¹Ï±¬ÁÏ OpenData is part of ³Ô¹Ï±¬ÁÏ Data Cloud<\/a>, the modern data platform for life sciences that connects commercial and clinical for greater precision and speed.<\/p>\n About ³Ô¹Ï±¬ÁÏ Systems<\/strong> ³Ô¹Ï±¬ÁÏ Forward-looking Statements<\/strong> ###<\/p>\n
\n³Ô¹Ï±¬ÁÏ is the global leader in cloud software for the life sciences industry. Committed to innovation, product excellence, and customer success, ³Ô¹Ï±¬ÁÏ serves more than 1,000 customers, ranging from the world\u2019s largest biopharmaceutical companies to emerging biotechs. As a Public Benefit Corporation<\/a>, ³Ô¹Ï±¬ÁÏ is committed to balancing the interests of all stakeholders, including customers, employees, shareholders, and the industries it serves. For more information, visit veeva.com\/eu<\/a>.<\/p>\n
\nThis release contains forward-looking statements regarding ³Ô¹Ï±¬ÁÏ\u2019s products and services and the expected results or benefits from use of our products and services, including certain of our new solutions and applications that are still under development or not generally available. These statements are based on our current expectations. Actual results, availability, and any future events relating to these products and services 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 July 31, 2023, which you can find here<\/a> (a summary of risks which may impact our business can be found on pages 38 and 39), and in our subsequent SEC filings, which you can access at sec.gov<\/a>.<\/p>\n