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Veeva's Vault eTMF Gets Implemented by Biotest for Trials
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Veeva Systems, Inc. (VEEV - Free Report) recently announced that Biotest has deployed Veeva Vault eTMF to attain greater visibility across its European trials. We note that Biotest is a German biopharmaceutical company that specializes in plasma proteins.
This should boost Veeva’s portfolio of cloud-based offerings for the life sciences industry.
More on the Development
For investors’ notice, Veeva Vault eTMF is part of the Veeva Vault Clinical Suite,the industry’s first cloud platform that comprises CDMS, CTMS, eTMF, and study start-up to aggregate clinical data management as well as clinical operations.
Vault eTMF will help Biotest to manage all study documents and activities in real time as the TMF is generated. Henceforth, the latter will be equipped to maintain a constant state of inspection readiness and give teams a comprehensive insight into TMF status for swifter study execution.
Vault eTMF ensures active TMF management so that Biotest can manage study processes and documents in one system, in real time, as they are executed. Advanced reporting and dashboards offer insights into document and process status at all times. Full visibility into TMF completeness enables sponsors, Contract Research Organizations, and sites to collaborate better during trials as well as expedite execution.
Veeva Vault eTMF will provide Biotest greater transparency into TMF quality to enhance compliance and collaboration throughout the course of their study execution.
Veeva Systems continues to remain committed toward enhancement of cloud-based offerings and further expansion of the customer base.
Market Prospects
Per a report by MarketsandMarkets, the global cloud computing market size is expected to rise from $371.4 billion in 2020 to $832.1 billion by 2025, at a CAGR of 17.5%.
Recent Developments
In September, Veeva and Bioforum announced that they have collaborated with RedHill Biopharma Ltd ("RedHill") on a global Phase 2/3 clinical study evaluating opaganib, which is a first-in-class, orally-administered, sphingosine kinase-2 selective inhibitor. The study will be carried out in those patients who have been hospitalized with severe COVID-19 pneumonia, requiring treatment with supplemental oxygen. To facilitate the study, RedHill has adopted Veeva Vault CDMS, which is a modern cloud platform equipped in electronic data capture, coding, data cleaning and reporting.
This should boost Veeva’s portfolio of cloud-based offerings for the life sciences industry.
In fact, three other companies specializing in commercial cloud offerings are ResMed, Inc. (RMD - Free Report) , Change Healthcare Inc. and Allscripts Healthcare Solutions, Inc. (MDRX - Free Report) .
In May, Resmed launched a cloud-based remote monitoring software for ventilators and Lumis bilevel devices across Europe via the AirView platform.
In July 2020, Allscripts extended its long-standing strategic alliance with Microsoft for five years. The deal will enable expanded development and delivery of cloud-based health IT solutions. The five-year extension will make Microsoft the cloud provider for Allscripts’ cloud-based Sunrise electronic health record (EHR) solution.
In July, Change Healthcare introduced clinical data retrieval service, which is a new cloud-based interoperability solution that helps payers and a broader range of organizations to instantly get the patient care data required in an integrated electronic fashion. This, in turn, will aid in the verification of claim accuracy, paying claims, managing risk profiles, satisfying quality reporting requirements and optimizing interventions.
These Stocks Are Poised to Soar Past the Pandemic
The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.
Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.
Image: Shutterstock
Veeva's Vault eTMF Gets Implemented by Biotest for Trials
Veeva Systems, Inc. (VEEV - Free Report) recently announced that Biotest has deployed Veeva Vault eTMF to attain greater visibility across its European trials. We note that Biotest is a German biopharmaceutical company that specializes in plasma proteins.
This should boost Veeva’s portfolio of cloud-based offerings for the life sciences industry.
More on the Development
For investors’ notice, Veeva Vault eTMF is part of the Veeva Vault Clinical Suite,the industry’s first cloud platform that comprises CDMS, CTMS, eTMF, and study start-up to aggregate clinical data management as well as clinical operations.
Vault eTMF will help Biotest to manage all study documents and activities in real time as the TMF is generated. Henceforth, the latter will be equipped to maintain a constant state of inspection readiness and give teams a comprehensive insight into TMF status for swifter study execution.
Vault eTMF ensures active TMF management so that Biotest can manage study processes and documents in one system, in real time, as they are executed. Advanced reporting and dashboards offer insights into document and process status at all times. Full visibility into TMF completeness enables sponsors, Contract Research Organizations, and sites to collaborate better during trials as well as expedite execution.
Veeva Vault eTMF will provide Biotest greater transparency into TMF quality to enhance compliance and collaboration throughout the course of their study execution.
Veeva Systems continues to remain committed toward enhancement of cloud-based offerings and further expansion of the customer base.
Market Prospects
Per a report by MarketsandMarkets, the global cloud computing market size is expected to rise from $371.4 billion in 2020 to $832.1 billion by 2025, at a CAGR of 17.5%.
Recent Developments
In September, Veeva and Bioforum announced that they have collaborated with RedHill Biopharma Ltd ("RedHill") on a global Phase 2/3 clinical study evaluating opaganib, which is a first-in-class, orally-administered, sphingosine kinase-2 selective inhibitor. The study will be carried out in those patients who have been hospitalized with severe COVID-19 pneumonia, requiring treatment with supplemental oxygen. To facilitate the study, RedHill has adopted Veeva Vault CDMS, which is a modern cloud platform equipped in electronic data capture, coding, data cleaning and reporting.
This should boost Veeva’s portfolio of cloud-based offerings for the life sciences industry.
In fact, three other companies specializing in commercial cloud offerings are ResMed, Inc. (RMD - Free Report) , Change Healthcare Inc. and Allscripts Healthcare Solutions, Inc. (MDRX - Free Report) .
In May, Resmed launched a cloud-based remote monitoring software for ventilators and Lumis bilevel devices across Europe via the AirView platform.
In July 2020, Allscripts extended its long-standing strategic alliance with Microsoft for five years. The deal will enable expanded development and delivery of cloud-based health IT solutions. The five-year extension will make Microsoft the cloud provider for Allscripts’ cloud-based Sunrise electronic health record (EHR) solution.
In July, Change Healthcare introduced clinical data retrieval service, which is a new cloud-based interoperability solution that helps payers and a broader range of organizations to instantly get the patient care data required in an integrated electronic fashion. This, in turn, will aid in the verification of claim accuracy, paying claims, managing risk profiles, satisfying quality reporting requirements and optimizing interventions.
These Stocks Are Poised to Soar Past the Pandemic
The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.
Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.
See the 5 high-tech stocks now>>