Veeva Systems Inc.
VEEV 8Price and target zones价格与目标区间
What the company does公司做什么
Veeva Systems makes cloud software built only for drug companies and other life-sciences firms. It runs the record systems these firms must keep to sell medicines and to test new ones. One part tracks every doctor a sales rep visits and what was said. Another part holds the paperwork a drug trial must keep for regulators. Veeva first built its software on top of Salesforce's platform, but it has since moved its core products to its own system, called Vault.Veeva Systems制作只为制药公司和其他生命科学企业打造的云软件。它运行这些企业为了销售药品和测试新药而必须保存的记录系统。其中一部分追踪销售代表拜访过的每一位医生以及谈了些什么。另一部分保存一项药物试验为监管机构必须留存的文书。Veeva最早把自己的软件建在Salesforce的平台之上，但后来已经把核心产品迁到了自己的系统，叫做Vault。
Earns from营收来源 customers pay a recurring subscription fee to keep using Veeva's cloud programs, plus a smaller one-time fee when Veeva staff set the software up and train the customer's team.客户支付反复收取的订阅费以持续使用Veeva的云程序，另外在Veeva员工安装软件、培训客户团队时还有一笔较小的一次性费用。
Read the full description查看完整介绍
Veeva Systems Inc. provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, the Middle East, Africa, and Latin America. The company offers Veeva Commercial Cloud comprising Veeva Vault CRM Suite for pharmaceutical and biotechnology companies; Veeva Medical that provides source of medical content across multiple channels and geographies; Veeva PromoMats, an end-to-end content and digital asset management solution; and Veeva Crossix, an analytics platform for pharmaceutical brands. It also provides Veeva Data Cloud, such as Veeva OpenData, a customer reference data solution; Veeva Link, which provides deep data; Veeva Compass, which includes de-identified and longitudinal patient data; and Veeva CRM Pulse that provides access and multichannel engagement metrics. In addition, the company offers Veeva Development Cloud consisting of Veeva Clinical Platform, which advances clinical trial execution; Veeva Clinical Data Management that helps sponsors and CROs design and run trials; Veeva Safety, which unifies systems and processes; Veeva RIM that provides regulatory information management capabilities, as well as Veeva Quality Cloud, which is used by the life sciences and consumer products industries; and Veeva Business Consulting services. Further, it provides professional and support services, including implementation and deployment planning, and project management; requirements analysis, solution design, and configuration; systems environment management and deployment; services focused on advancing or transforming business and operating processes; technical consulting services on data migration and systems integrations; training; and ongoing managed services, such as outsourced systems administration. The company was formerly known as Verticals onDemand, Inc. and changed its name to Veeva Systems Inc. in April 2009. Veeva Systems Inc. was incorporated in 2007 and is headquartered in Pleasanton, California.
What the company sells公司卖什么share of revenue营收占比
Commercial Solutions商业化解决方案
47%Software that helps drug companies manage how they sell and market medicines to doctors and hospitals, inside strict rules on what a company may say about a drug.帮助药企在“一家公司可以怎样描述一款药”的严格规则之内，管理如何向医生和医院销售、推广药品的软件。
- Veeva CRM
- software a sales rep uses on a tablet to log every doctor visit and what was discussed, so the head office knows who to see next and can prove no rules were broken.销售代表在平板上使用的软件，用来记录每一次拜访医生的经过和谈话内容，好让总部知道下一个该拜访谁，并能证明没有违规。
- Vault PromoMats
- a shared library that stores every ad, brochure, and video with its legal sign-off, so a company can prove to regulators that only approved material reached doctors.一个共享资料库，存放每一则广告、宣传册和视频及其法务批准，这样公司就能向监管机构证明，只有获批的材料才送到了医生手里。
- OpenData
- a directory of doctors, clinics, and hospitals that sales teams use to plan who to visit.一个医生、诊所和医院的名录，销售团队用它来规划该拜访谁。
R&D and Quality Solutions研发与质量解决方案
53%Software that holds the records a drug company must keep while testing a new medicine and while making sure every batch it makes meets the rules.保存药企在测试新药、以及确保每一批产品都符合规定的过程中必须保留的记录的软件。
- Vault Clinical
- the system that holds all the paperwork a drug trial must keep for regulators, such as patient consent forms and site visit logs.保存一项药物试验必须为监管机构留存的全部文件的系统，比如患者知情同意书和试验中心访视记录。
- Vault RIM
- a single record of a drug's approval status and filed paperwork in every country where it is sold.一款药在每个销售国家的审批状态和已提交文件的统一记录。
- Vault QualityDocs
- the system that stores a factory's step-by-step work instructions and tracks any product defect, so inspectors can check the rules were followed.存放一家工厂逐步操作说明、并追踪任何产品缺陷的系统，好让检查人员能核实规定是否被遵守。
Company facts公司资料
- Founded成立时间
- 2007
- Headquarters总部
- Pleasanton, California
- Employees员工人数
- 7,928
- Industry行业
- Health Information Services
- Country国家
- United States
Investment thesis投资逻辑 from the watchlist来自关注列表
📋 Life-sciences vertical cloud monopoly. Zero debt, $6.5B net cash, 22% FCF CAGR. Vault (70% rev) unchallenged. Entry $155-168. Trim $250+. Break: Vault CRM commitments <7, or rev <10% 2Q. A2026-06-04
📋 生命科学垂直云的垄断者。零债务，$6.5B 净现金，22% 自由现金流复合增长率。Vault（占收入 70%）无人能挑战。入场 $155-168。$250+ 减仓。
Historical results历史业绩 past fiscal years — these values do not change过去财年——这些数值不会变动
Profit margins利润率 the share of revenue that stays as profit营收中留存为利润的比例
of every $1 of revenue每 $1 营收中的占比
- Return on equity净资产收益率
- 14%
- Revenue growth营收增长
- +16%
Competitors竞争对手
Why customers stay客户为什么留下
Veeva builds every product only for the strict rules drug makers must follow, and almost every large drug company already runs its trials and sales on Veeva's systems, so switching means re-proving to regulators that a new system works — a costly risk few companies choose to take.Veeva的每一个产品都只为制药商必须遵守的严格规则而打造，而且几乎每一家大制药公司都已经在Veeva的系统上跑试验和销售，所以更换就意味着要向监管机构重新证明一套新系统行得通——这是个代价高昂的风险，很少有公司愿意去冒。
Recent news近期新闻 last 7 days近7天
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