Veeva Systems (NYSE: VEEV) today announced Veeva Vault Signal, the industry’s first solution that seamlessly manages signals from identification through risk evaluation and mitigation. Vault Signal unifies signal management processes so pharmacovigilance teams can easily manage safety signals with greater visibility across the entire signal workflow. Together with Vault Safety, Vault SafetyDocs, and Vault Safety.AI, Veeva offers the only comprehensive suite of cloud applications on a single cloud platform to manage the drug safety lifecycle – from case intake to signal detection and risk management planning.
Vault Signal analyzes and segments adverse event data from customers’ safety databases and external global health authorities. Pharmacovigilance teams can more readily identify and manage signals, improving future risk mitigation. Vault Signal is easily tailored to align with every signal management process and meet the needs of any business, from large pharmaceutical companies to emerging biotechs.
Benefits of Veeva Vault Signal:
- Faster signal detection and mitigation: Speed up identification and mitigation of signals with an intuitive, end-to-end signal detection and risk management application
- Greater business alignment: Easily tailor the solution to align workflows and meet business requirements
- Improved compliance: Provide full visibility and traceability from signal identification to recommended actions and outcomes
- Unified safety: Drive end-to-end pharmacovigilance processes with a comprehensive suite of safety applications on a single cloud platform
“Veeva Vault Signal is welcome news for companies looking for an efficient, one-stop solution for drug safety,” said Marc Morris, vice president, safety and pharmacovigilance at Apellis Pharmaceuticals. “Streamlining adverse reaction data, signal analysis, and action with one platform will make safety risk management simpler and faster, as well as free up my group’s resources.”
“Veeva is delivering a modern approach to signal management that will speed up how pharmacovigilance teams analyze data, detect and evaluate signals, and perform risk mitigation,” said Kelly Traverso, vice president of safety strategy at Veeva. “Veeva Vault Signal will give organizations the full visibility and traceability they need to drive compliance in patient safety.”
Vault Signal, Vault Safety.AI, Vault Safety, and Vault SafetyDocs are part of the Veeva Vault Safety Suite to manage end-to-end drug safety processes. Vault Signal is planned for availability in the U.S. and Europe in April 2021.
About Veeva Systems
Veeva Systems Inc. is the leader in cloud-based software for the global life sciences industry. Committed to innovation, product excellence, and customer success, Veeva serves more than 850 customers, ranging from the world’s largest pharmaceutical companies to emerging biotechs. Veeva is headquartered in the San Francisco Bay Area, with offices throughout North America, Europe, Asia, and Latin America.
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