VEEV Stock Falls Despite Tie-Up to Streamline Customers' Operations

Zacks01-28

Veeva Systems Inc. VEEV, on Thursday, announced a product partnership with Zifo. The tie-up aims to help biopharmas modernize quality control (QC) operations. Per Veeva Systems, companies can import ...

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The tie-up aims to help biopharmas modernize quality control (QC) operations.\nPer Veeva Systems, companies can import ...</p>\n\n<a href=\"https://finance.yahoo.com/news/veev-stock-falls-despite-tie-163500459.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance_au","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>VEEV Stock Falls Despite Tie-Up to Streamline Customers' Operations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVEEV Stock Falls Despite Tie-Up to Streamline Customers' Operations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-01-28 00:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/veev-stock-falls-despite-tie-163500459.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Veeva Systems Inc. VEEV, on Thursday, announced a product partnership with Zifo. The tie-up aims to help biopharmas modernize quality control (QC) operations.\nPer Veeva Systems, companies can import ...</p>\n\n<a href=\"https://finance.yahoo.com/news/veev-stock-falls-despite-tie-163500459.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2177674079.SGD","symbol_name":"Fidelity Asia Pacific Opportunities A-ACC-SGD (hedged)","start_time":0,"source_url":"https://finance.yahoo.com/news/veev-stock-falls-despite-tie-163500459.html","article_id":"2506272583","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2506272583","pubTimestamp":1737995700,"columns":[],"sourceInfo":{"source_id":"yahoofinance_au","name":"Yahoo Finance AU"},"weMediaInfo":null,"summary":"Veeva Systems Inc. VEEV, on Thursday, announced a product partnership with Zifo. The tie-up aims to help biopharmas modernize quality control  operations.Per Veeva Systems, companies can import data directly from any source document or other LIMS into Veeva LIMS by bringing together Veeva LIMS with Zifo's data integration and management platform, qcKen. This integration will likely simplify master data configuration during LIMS implementation and site deployment, making it easier for companies to advance beyond legacy QC systems.As part of the partnership, Zifo is an official Veeva Product Partner, building on its existing relationship as a Veeva Services Partner.It is worthwhile to mention that Zifo is a renowned enabler of artificial intelligence and data-driven enterprise informatics for science-driven organizations.The latest tie-up is a significant stepping stone for Veeva Systems, enabling its customers to accelerate their QC modernization initiatives. Vault LIMS, a component of ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2177674079.SGD":"Fidelity Asia Pacific Opportunities A-ACC-SGD (hedged)","CAH":"卡地纳健康","BK4528":"SaaS概念","BK4175":"保健护理产品经销商","LU2008162690.USD":"FIDELITY FUNDS - ASIA PACIFIC OPPORTUNITIES \"A\" (USD) ACC","VEEV":"Veeva Systems Inc.","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","LU0006061336.USD":"Blackrock US Small and MidCap Opportunities A2 USD","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","BK4567":"ESG概念","BK7007":"医疗保健设备","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","CUBI":"Customers Bancorp Inc.","SG9999001440.SGD":"United Global Dividend Equity Fund A SGD Dist","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","BK4196":"保健护理服务","RMD.AU":"Resmed DRC","BK4211":"区域性银行","LU0162691827.USD":"BGF US BASIC VALUE \"A4\" INC","BK4167":"医疗保健技术","LU0889566641.SGD":"FTSF - Templeton Shariah Global Equity A Acc SGD","LU1880398471.USD":"AMUNDI FUNDS GLOBAL EQUITY \"A2\" (USD) ACC","BK4082":"医疗保健设备","LU1880398554.USD":"AMUNDI FUNDS GLOBAL EQUITY \"A2\" (USD) INC","BK4559":"巴菲特持仓","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","BK4588":"碎股","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","RMD":"瑞思迈","LU0289739699.SGD":"AB INTERNATIONAL HEALTH CARE PORTFOLIO \"A\" (SGD) ACC","BK7501":"新冠治疗股","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","DVA":"达维塔保健","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","LU1989764748.USD":"东方汇理环球颠覆性机遇A2 Acc","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","BK4504":"桥水持仓","LU0072461881.USD":"BGF US BASIC VALUE \"A2\" ACC","LU1267930813.SGD":"FRANKLIN TEMPLETON SHARIAH GLOBAL EQUITY \"AS\" (SGD) ACC","LU0058720904.USD":"联博国际健康护理基金A","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","BK4548":"巴美列捷福持仓"},"translate_title":"尽管合作简化客户运营，VEEV股价仍下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VEEV":1,"RMD":1,"DVA":1,"CUBI":1,"CAH":1,"RMD.AU":0.9},"content_text":"Veeva Systems Inc. VEEV, on Thursday, announced a product partnership with Zifo. The tie-up aims to help biopharmas modernize quality control (QC) operations.\nPer Veeva Systems, companies can import data directly from any source document or other LIMS into Veeva LIMS by bringing together Veeva LIMS with Zifo's data integration and management platform, qcKen. This integration will likely simplify master data configuration during LIMS implementation and site deployment, making it easier for companies to advance beyond legacy QC systems.  \nAs part of the partnership, Zifo is an official Veeva Product Partner, building on its existing relationship as a Veeva Services Partner.\nIt is worthwhile to mention that Zifo is a renowned enabler of artificial intelligence and data-driven enterprise informatics for science-driven organizations.\nThe latest tie-up is a significant stepping stone for Veeva Systems, enabling its customers to accelerate their QC modernization initiatives. Vault LIMS, a component of Veeva Vault Quality Suite of the broader Veeva Development Cloud solutions, is the life science industry’s unified suite of applications for managing quality content, processes, and training on a single cloud platform.\nLikely Trend of VEEV Stock Following the News\nFollowing the announcement, shares of the company lost nearly 2.3% till Friday’s closing.\nHistorically, the company has gained a high level of synergies from its partnerships. Although the latest announcement is likely to be beneficial for VEEV’s top-line growth going forward, the stock declined overall.\nVeeva Systems currently has a market capitalization of $36.27 billion. It has an earnings yield of 2.9%, favorable than the industry’s negative yield. In the last reported quarter, VEEV delivered an earnings surprise of 10.8%.\nRationale Behind Veeva Systems’ Tie-Up\nPer Veeva Systems, the integration between the two companies’ platforms will likely reduce the burden of master lab data configuration, lower costs and speed up Veeva LIMS implementation.\nManagement believes that partnering with Zifo will likely allow customers to implement Veeva LIMS and realize value much quicker, accelerating QC modernization initiatives.\nPer Zifo’s management, the collaboration is expected to aid customers expedite their adoption of Veeva LIMS to streamline operations.\nIndustry Prospects in Favor of VEEV\nPer a report by Grand View Research, the global quality management software market was estimated to be $10.18 billion in 2023 and is anticipated to witness a CAGR of 10.6% between 2023 and 2030. Factors like the rising demand for streamlining and centralizing business processes and the increasing adoption of new technologies like cloud computing are likely to drive the market.\nGiven the market potential, the latest partnership is expected to be a significant milestone for Veeva Systems and boost its business.\nVeeva Systems’ Notable Development in Development Cloud\nIn December 2024, Veeva Systems announced its third-quarter fiscal 2025 results, wherein its Development Cloud suite recorded encouraging developments. The company witnessed continued strength in Veeva Vault Clinical, with a number of wins and significant go-lives, particularly with CTMS. \nVeeva Vault Quality had another strong quarter, with 27 new customer additions. The company’s core applications — QualityDocs, QMS and Training — all continue to grow nicely, while Vault LIMS has also progressed well. Per management, VEEV continued to innovate in eTMF and CTMS by adding new functionality and improving existing functionality while at the same time working to avoid complexity.\nVEEV’s Share Price Performance\nShares of the company have gained 4.9% in the past year against the industry’s 8.7% decline. The S&P 500 has gained 24.8% in the same time frame.\nImage Source: Zacks Investment Research\nVeeva Systems’ Zacks Rank & Key Picks\nCurrently, VEEV carries a Zacks Rank #3 (Hold).\nSome better-ranked stocks in the broader medical space are Cardinal Health, Inc. CAH, ResMed Inc. RMD and DaVita Inc. DVA.\nCardinal Health, carrying a Zacks Rank #2 (Buy) at present, has an estimated long-term growth rate of 10.5%. CAH’s earnings surpassed estimates in each of the trailing four quarters, with the average surprise being 11.2%. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.\nCardinal Health’s shares have gained 21.7% compared with the industry’s 6.1% growth in the past year.\nResMed, carrying a Zacks Rank of 2 at present, has an estimated long-term growth rate of 14.8%. RMD’s earnings surpassed estimates in each of the trailing four quarters, with the average being 6.4%.\nResMed has gained 32.4% compared with the industry’s 16.5% growth in the past year.\nDaVita, sporting a Zacks Rank of 1 at present, has an estimated long-term growth rate of 18.3%. DVA’s earnings surpassed estimates in three of the trailing four quarters and missed once, with the average surprise being 10.6%.\nDaVita’s shares have rallied 59.3% compared with the industry’s 16.1% growth in the past year.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nDaVita Inc. (DVA) : Free Stock Analysis Report\nCardinal Health, Inc. (CAH) : Free Stock Analysis Report\nResMed Inc. (RMD) : Free Stock Analysis Report\nVeeva Systems Inc. (VEEV) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2506272583"}