-New batch release app for life sciences manufacturing to accelerate time to market and reduce costs

Veeva Vault Batch Release will automate data aggregation, reviews and traceability for greater efficiency and accuracy

BARCELONA, Spain, Sept. 13, 2023 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced Veeva Vault Batch Release, a new cloud application that will enable faster and more secure GMP release and time-to-market decisions. Vault Batch Release addresses increased manufacturing and supply chain complexity by streamlining the aggregation and review of data and content, while simplifying collaboration with external partners.

“Veeva Vault Batch Release will provide an end-to-end automated solution for a complex, underserved process with compliance and cost risk,” said Mike Jovanis, vice president of quality and manufacturing at Veeva. "The Veeva Vault Quality and Vault RIM applications provide a single foundation to accelerate batch release and go-to-market decisions while driving consistency and transparency."

Vault Batch Release will bring together data and content from QMS, LIMS, ERP and regulatory systems to gain real-time visibility into batch release status. The application will be tightly integrated and require Veeva Vault QMS and offers the fastest time to value when used with Veeva Vault LIMS and Veeva Vault RIM. It also offers flexibility for use with other LIMS and third-party regulatory solutions. By connecting systems and automating data aggregation, reviews, and traceability, Vault Batch Release can improve efficiency and accelerate time to market.

"Our purpose of delivering better everyday health to humanity requires continuous modernization of quality and manufacturing systems and processes," said Vanessa Briand, quality director of digital and data solutions at Haleon. "A digitized and automated batch release solution will help us deliver products to our customers consistently, quickly and efficiently."

Vault Batch Release will be part of Veeva Vault Quality, a platform that unifies quality assurance, quality control and training to reduce cycle time, increase operational efficiency and improve usability. The app is planned to be available in the second half of 2024. For more information on Vault Batch Release, visit veeva.com/eu/VaultBatchRelease.

About Veeva Systems Veeva is the global leader in cloud software for the life sciences industry. Committed to innovation, product excellence and customer success, Veeva serves more than 1,000 customers, from the world's largest biopharmaceutical companies to emerging biotech companies. As a Public Benefit Corporation, Veeva is committed to balancing the interests of all stakeholders, including customers, employees, shareholders and the industries it serves. For more information, visit veeva.com/eu.

Veeva Forward-Looking Statements This release contains forward-looking statements regarding Veeva's products and services and the expected results or benefits from the use of our products and services. These statements are based on our current expectations. Actual results could differ materially from those provided in this release and we undertake no obligation to update such statements. There are numerous risks that could adversely affect our results, including the risks and uncertainties set forth in our Form 10-Q filing for the period ended July 31, 2023, which can be found here (a summary is on pages 38 and 39). of risks that may affect our business), and in our subsequent filings with the SEC, which can be accessed at sec.gov.

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