2016-04-28



PLEASANTON, Calif.–(BUSINESS WIRE)–Headline of release should read: Sucampo Standardizes on Veeva Vault for

a Single Source of Truth and Enterprise-wide Capability (instead of

Sucampo Standardizes on Veeva Vault for a Single Source of Truth

Enterprise-wide)

The corrected release reads:

SUCAMPO STANDARDIZES ON VEEVA VAULT FOR A SINGLE SOURCE OF TRUTH AND

ENTERPRISE-WIDE CAPABILITY

High-growth biopharmaceutical company sets content and information

management foundation for greater speed, agility, and compliance

throughout the product lifecycle

Veeva Systems (NYSE:VEEV) announced today that Sucampo Pharmaceuticals

(NASDAQ:SCMP), a fast-growing global biopharmaceutical company, has

standardized on the Veeva

Vault platform and suite of applications to provide a unified

foundation for content and information management. Veeva’s solution will

help Sucampo eliminate information and process siloes across functional

teams, regions, and partners, enabling Sucampo to make information fully

accessible and actionable. Veeva Vault allows Sucampo to increase

efficiency and strengthen compliance with a single source of truth for

content plus life sciences-specific solutions that streamline key

processes throughout the product lifecycle.

Sucampo’s move to Veeva Vault is the cornerstone of its initiative to

ensure greater efficiency and leverage valuable information created at

every stage of a product – including clinical, quality, regulatory, and

commercial. “There is a wealth of insight that can be gleaned when you

have end-to-end visibility spanning the value chain,” explained Michael

Gammons, Sucampo’s chief information officer and vice president of

information technology. “As a rapidly growing company, it’s critical we

set a foundation for future growth by deploying industry-specific

applications that support our most crucial business functions, all on

one common platform. Veeva Vault is the foundation and provides the

process optimization and single source of truth we need for agility and

speed across the product lifecycle.”

Having valuable product information quickly accessible for future use in

all functional areas, plus key process metrics, can have tremendous

impact on the business. For instance, early-stage analysis of a compound

can be critical to compiling submissions documents for licensing

applications years later. With Veeva Vault, all content and audit trails

are in a central system of record, reducing complexity and cost.

Veeva Vault also aligns with Sucampo’s corporate initiative to leverage

the efficiencies and agility of Veeva’s industry cloud. “Our IT

department is focused on solving business problems, and, with Veeva

Vault, we get a world-class technology foundation plus tailored content

and information management solutions that fit our business. We don’t

have infrastructure to manage or software we need to customize,” said

Gammons. “As important, Veeva provides frequent enhancements so we’re

always working with the latest innovations instead of waiting years and

investing more to implement an incremental version upgrade.”

Over the coming months, Sucampo will drive an aggressive implementation

plan to rollout key Veeva Vault solutions worldwide including: Vault

eTMF for clinical trial master file management; Vault

QualityDocs for managing quality, manufacturing, and validation

documents; and Vault

Submissions, part of the Vault RIM suite, for regulatory submissions.

In related news today, Veeva introduced new innovative features in its

latest release of Veeva Vault, version 14, to empower life sciences

companies to streamline their business processes across an increasingly

complex ecosystem of internal and external stakeholders. Read

today’s press release about how the newest release of Veeva Vault is

helping to get products to market faster and more efficiently.

Additional Information

For more on Veeva Vault, visit: veeva.com/vault

Stay

updated on the latest Veeva news on LinkedIn: linkedin.com/company/veeva-systems

Follow

@veevasystems on Twitter: twitter.com/veevasystems

Like

Veeva on Facebook: facebook.com/veevasystems

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 400 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.

Forward-looking Statements

This release contains forward-looking statements, including the market

demand for and acceptance of Veeva’s products and services, the results

from use of Veeva’s products and services, and general business

conditions, particularly in the life sciences industry. Any

forward-looking statements contained in this press release are based

upon Veeva’s historical performance and its current plans, estimates,

and expectations, and are not a representation that such plans,

estimates, or expectations will be achieved. These forward-looking

statements represent Veeva’s expectations as of the date of this press

announcement. Subsequent events may cause these expectations to change,

and Veeva disclaims any obligation to update the forward-looking

statements in the future. These forward-looking statements are subject

to known and unknown risks and uncertainties that may cause actual

results to differ materially. Additional risks and uncertainties that

could affect Veeva’s financial results are included under the captions,

“Risk Factors” and “Management’s Discussion and Analysis of Financial

Condition and Results of Operations,” in the company’s filing on Form

10-K for the period ended January 31, 2016. This is available on the

company’s website at veeva.com

under the Investors section and on the SEC’s website at sec.gov. Further

information on potential risks that could affect actual results will be

included in other filings Veeva makes with the SEC from time to time.

The post CORRECTING and REPLACING Sucampo Standardizes on Veeva Vault for a Single Source of Truth and Enterprise-wide Capability appeared first on Investing News Network.

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