Leading global biopharma outsourcing company adopts Veeva Vault Study Startup following its success with Veeva Vault eTMF
PHILADELPHIA – 2016 Veeva R&D Summit – Oct. 18, 2016 – Today at the Veeva R&D Summit, to an audience of more than 600 industry leaders, Veeva Systems (NYSE: VEEV) today announced that inVentiv Health, a leading biopharma outsourcing company, is expanding its adoption of the Veeva Vault Clinical Suite to expedite site activation for clients. inVentiv Health – comprised of a top-tier full-service CRO and the industry’s only Contract Commercial Organization (CCO) – is building on its successful use of Veeva Vault eTMF by adopting Veeva Vault Study Startup to accelerate document-intensive site activation and speed time to first patient enrollment.
“We recognized the value an innovative technology solution could have in knocking down hurdles that slow progress during the study start-up phase, where improvements can have a significant impact on overall trial results,” said Rachel Stahler, CIO, inVentiv Health. “inVentiv identified Veeva as a best-of-breed platform that can maximize efficiencies and accelerate the delivery of much needed drugs to patients.”
Vault Study Startup will help inVentiv streamline complex activities related to site activation, including ethics committee and Ministry of Health submissions and approvals, document distribution and tracking, and site contract transactional activities. Now inVentiv can improve the efficiency of trial processes by managing documents, data, and study start-up activities on a single cloud platform, as well as provide stakeholders easy access to the same, up-to-date clinical information for improved collaboration. In addition, seamless interoperability between Vault Study Startup and Vault eTMF ensures that documents and data are available in both applications.
“Combining the Vault platform and with our comprehensive global regulatory and start-up expertise, encompassing high-quality essential document collection and rapid side contracting, enhances our approach to site activation,” said Susan Stansfield, Ph.D., Executive Vice President, Site Centricity Unit, inVentiv. “Deploying this rich resource to trial sites is an example of our commitment to enhanced collaboration with our external partners to facilitate improved quality and speed of trials.”
The current clinical operations environment is highly complex and often includes upwards of 20 disparate systems to manage trials – from electronic data capture (EDC) systems and study start-up applications to clinical trial management systems (CTMS) and electronic trial master files (eTMF). Legacy technologies limit efficiency, visibility, and collaboration between sponsors, investigator sites, and CROs. In fact, in a recent industry-wide survey, nearly half (49%) of all respondents cited integration between their eTMF and CTMS applications as a key, unmet need.1
Kristen Jackson, senior director, Essential Document Collection and Submissions, Site Centricity Unit, inVentiv, will be a speaker at the 2016 Veeva Global R&D Design Summit in Philadelphia on October 18 and will discuss these challenges and the benefits of Vault Study Startup.
About Veeva Vault Clinical Suite
The Veeva Vault Clinical Suite is the only unified suite of applications on a single cloud platform that streamlines clinical operations and data management, from study start-up to archive. Veeva’s clinical operations solutions include Vault eTMF, Vault Study Startup, and Vault CTMS, while newly announced Veeva Vault EDC and Veeva Vault eSource will support clinical data management. Read our press release to learn more about Vault EDC and Vault eSource and how Veeva will transform clinical data management by delivering real-time, accurate data to help enable faster, more informed decisions in clinical trials.
For more on Veeva Vault Study Startup, visit: veeva/studystartup
For more on Veeva Vault eTMF, visit: veeva.com/eTMF
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About Veeva Systems
Veeva Systems Inc. is a leader in cloud-based software for the global life sciences industry. Committed to innovation, product excellence, and customer success, Veeva has more than 450 customers, ranging from the world's largest pharmaceutical companies to emerging biotechs. Veeva is headquartered in the San Francisco Bay Area, with offices in Europe, Asia, and Latin America. For more information, visit www.veeva.com.
1Veeva 2016 Paperless TMF Survey: Annual Report (Veeva: June 2016)