Veeva Systems Share Up After Company Delivers Unified Digital Learning to More Than 200 Clients

Jun 2, 2022 By MarketDepth

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Veeva Systems Inc. (NYSE: VEEV) shares spiked more than 12% after the Company announced that more than 200 organizations are using Veeva Vault Training for unified role-based training and qualification management. Fast-growing biotechs and top 20 pharmaceutical companies are enriching employee learning with Vault Training, completing more than 13 million total training assignments and driving an average of over 11,000 daily learner homepage views. The increase in adoption of Vault Training across life sciences is helping companies deliver a complete digital learning experience for end-users.

“Having a modern LMS that provides visibility into training status, escalation notifications, and periodic review of curriculums helps streamline employee qualification. Veeva Vault Training delivered an advanced enterprise-level solution to unify global document and training management and satisfy the needs of all training stakeholders.”

Lelia Martinescu, director, GxP quality systems at Idorsia

With an industry-wide need to enable a remote workforce, more companies are pairing Vault Training with Veeva Vault Quality Suite products, Veeva Vault QualityDocs, and Veeva LearnGxP. Together, these products support end-to-end training in a single solution for greater flexibility, efficiency, and speed.

“We’re focused on delivering industry-leading innovations and content to help more companies drive quality excellence. Veeva is partnering with life sciences to address complex training and qualification problems that have remained unsolved for decades so companies can improve workforce efficiency and increase GxP compliance.”

Kent Malmros, senior director, Veeva Vault Training