Wired News – Merck to Expand Use of Veeva Systems’ CRM in Latin America and Asia/Pacific

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LONDON, UK / ACCESSWIRE / May 09, 2018 / If you want access to our free research report on Veeva Systems Inc. (NYSE: VEEV), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=VEEV as the Company's latest news hit the wire. On May 07, 2018, the Company announced that Merck & Co. (NYSE: MRK), known as MSD outside of the United States and Canada, is planning to expand its use of multichannel Veeva CRM to Latin America and Asia/Pacific. Register today and get access to over 1,000 Free Research Reports by joining our site below:

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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Veeva Systems and Merck most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

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Merck will Utilize Veeva CRM, Veeva CRM Approved Email, and Veeva CRM Events Management for All Users

Veeva Systems and Merck are building upon their seven-year partnership to help Merck standardize on a single, global CRM solution in order to drive new levels of operating efficiency and commercial effectiveness worldwide. As part of its expansion with Veeva Systems, Merck will now utilize Veeva CRM, Veeva CRM Approved Email, and Veeva CRM Events Management for all its users and markets around the globe to enable a seamless customer experience across all channels.

Moving to a Single Global CRM Solution can Help Merck be More Agile

Commenting on the announcement, Phyllis Post, Vice President and Chief Investment Officer for Global Human Health at Merck, stated that Veeva Systems has been a trusted, long-term partner of Merck. He added that moving to a single global CRM solution can help Merck be more agile while providing the foundation for delivering an efficient and personalized customer experience.

Veeva Systems Proud to Team with Merck to Bring Innovative Medicines to Market

Peter Gassner, Founder and Chief Executive Officer (CEO) of Veeva Systems, stated that the Company's ability to consistently deliver world-class cloud software helps keep its customers ahead as the life sciences industry evolves. Gassner added that Veeva Systems is proud to team with Merck on their important mission to bring innovative medicines to market.

EVER Pharma Also Adopted Veeva OpenData and Veeva CRM

On February 06, 2018, the Company announced that the specialty pharmaceutical organization, EVER Pharma, had adopted Veeva OpenData and Veeva CRM to empower its growing team in Poland with the accurate customer data necessary to drive smarter, tailored engagement with healthcare professionals (HCPs). The need for up-to-date, accurate customer data in CRM was a top priority to improve execution and ensure the success of EVER Pharma's product launches. Veeva OpenData delivered the right data in Veeva CRM for EVER Pharma to help field teams create more valued interactions with customers.

Veeva CRM Overview

Veeva CRM is the most advanced and only proven life sciences CRM solution, preferred by field teams to help them optimize customer experience. Advanced multichannel capabilities and real-time insights help engage customers in the way and channel they prefer. Informed by the industry's largest network of users, it is the latest and continually-evolving CRM solution that helps quickly adapt to changing market conditions and drive business growth. Veeva CRM is proven effective at companies of all sizes, from pre-commercial companies launching their first product to the largest global life sciences companies.

About Veeva Systems Inc.

Founded in 2007 and headquartered in Pleasanton, California, Veeva Systems is a leader in cloud-based software for the global life sciences industry. The Company's solutions enable pharmaceutical and other life sciences organizations to realize the benefits of modern cloud-based architectures and mobile applications for their most critical business functions, without compromising industry-specific functionality or regulatory compliance.

Stock Performance Snapshot

May 08, 2018 - At Tuesday's closing bell, Veeva Systems' stock slightly rose 0.27%, ending the trading session at $73.77.

Volume traded for the day: 667.62 thousand shares.

Stock performance in the last month – up 4.56%; previous three-month period – up 28.95%; past twelve-month period – up 33.54%; and year-to-date - up 33.45%

After yesterday's close, Veeva Systems' market cap was at $10.21 billion.

Price to Earnings (P/E) ratio was at 74.44.

The stock is part of the Technology sector, categorized under the Healthcare Information Services industry. This sector was up 0.2% at the end of the session.

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