Veeva Systems (VEEV) said Wednesday that Teva Pharmaceutical (TEVA) and Germany-based Merck KGaA have committed to use its Vault CRM software globally.
Vault CRM is an application for life sciences companies that connects sales, marketing, and medical teams on a single platform, Veeva said.
Financial terms of the agreements were not disclosed.
Shares of Veeva were up by more than 3% in Wednesday trading.
Price: $163.01, Change: $+4.47, Percent Change: +2.82%