Veeva Unveils Innovative Cloud System for Clinical Trials
Veeva's New Cloud CTMS: A Game Changer in Clinical Trials
Veeva Systems (NYSE: VEEV) has announced the launch of an innovative cloud Clinical Trial Management System (CTMS), aimed at enhancing efficiency in research sites. This new system, named Veeva SiteVault CTMS, is designed to integrate seamlessly with existing sponsor systems, thereby facilitating a more streamlined process for managing clinical trials.
Enhancing Research Site Efficiency
The primary goal of Veeva SiteVault CTMS is to empower research sites to manage clinical trials more effectively. By providing a centralized platform, sites can oversee all aspects of their trials under a single system. This comprehensive management capability is crucial for organizations that seek to improve their operational efficiency and ultimately boost patient enrollment and outcomes.
Testimonials from Leaders in Research
Industry experts believe this system will be a substantial asset for research sites. Theresa Oswald, director of research operations and conduct at a prominent children's hospital, emphasized the importance of efficiency in clinical trials. "We need to work efficiently to help more families enroll their children in studies and get lifesaving treatment," she noted. Her experience suggests that systems like Veeva SiteVault CTMS can significantly enhance the user experience, thereby expediting processes that benefit patients.
Benefits of Veeva SiteVault CTMS
Nick Frenzer, general manager of site solutions at Veeva, shared his excitement about the introduction of the SiteVault CTMS to the industry. He highlighted how high-quality cloud software, paired with seamless integration with sponsors, allows research sites to operate more efficiently. Significantly, for over 90% of research sites, the SiteVault suite will be offered at no cost, exemplifying Veeva's commitment as a Public Benefit Corporation to enhance the clinical research landscape.
Integration with Existing Veeva Services
The Veeva SiteVault CTMS is set to work alongside existing Veeva services, including SiteVault eISF and SiteVault eConsent. This integration will ensure that researchers can manage data flow effectively, reducing the manual workload traditionally associated with clinical trials. The move represents a holistic approach to trial management that encourages data-driven decision-making.
Future Plans for Veeva SiteVault CTMS
The initial release of Veeva SiteVault CTMS is anticipated for upcoming months. Research sites will be able to utilize the system for managing up to 20 concurrent active studies free of charge. Such initiatives signal Veeva's proactive approach to addressing the needs of clinical research sites amidst increasing demand for innovative healthcare solutions.
About Veeva Systems
Veeva Systems stands at the forefront of cloud software solutions tailored for the life sciences sector. With a customer base exceeding 1,000 clients, Veeva serves everyone from leading global biopharmaceutical firms to emerging biotech innovators. By prioritizing stakeholder balance, Veeva is dedicated to fostering an environment of product excellence and innovation across its services.
Frequently Asked Questions
What is Veeva SiteVault CTMS?
Veeva SiteVault CTMS is a cloud-based Clinical Trial Management System designed to streamline the management of clinical trials for research sites.
Who can benefit from Veeva’s new system?
Primarily research sites involved in clinical trial management will benefit significantly from the enhanced efficiency and integration features.
Is Veeva SiteVault CTMS free for users?
Yes, the system will be available for free to sites managing up to 20 concurrent active studies.
How does Veeva SiteVault CTMS integrate with other Veeva products?
The CTMS integrates with SiteVault eISF and SiteVault eConsent, allowing data management to be streamlined across platforms.
Why is Veeva promoting this system?
Veeva aims to improve clinical trial efficiency and patient outcomes by offering a comprehensive system that reduces manual processes.
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