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June 26, 2020, 8:24 a.m. EDT

Capital Market Laboratories (CMLviz) One on One with Veeva Systems CFO - Move to digital was going to happen, pandemic has accelerated that change

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LOS ANGELES, June 26, Jun 26, 2020 (GLOBE NEWSWIRE via COMTEX) -- In an interview with Capital Market Laboratories (CMLviz), chief financial officer of Veeva Systems /zigman2/quotes/202850210/composite VEEV +2.03% Tim Cabral had a clear message:

-- The move to digital channels to enhance, potentially replace face-to-face interaction over the long run, was going to happen, the pandemic has accelerated that change.

-- The recession fallout from the COVID-19 health pandemic is causing a disruption but it's not like the 2008 financial crisis. The life sciences industries play a tremendously important role and remain healthy.

-- The quarter most recently completed was potentially one of Veeva's best quarters ever from an innovation and adaptability perspective.

In a far-ranging interview touching on the future of the company and changes driven by COVID-19 we discussed the future of the business and the opportunities ahead for Veeva Systems.

Read: Move to digital was going to happen, says Veeva CFO, pandemic has accelerated that change

Media queries

Alicia Newman, Director Client Services

Capital Market Laboratories

support@cmlviz.com

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COMTEX_367406502/2010/2020-06-26T08:24:10

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(C) Copyright 2020 GlobeNewswire, Inc. All rights reserved.

/zigman2/quotes/202850210/composite
US : U.S.: NYSE
$ 262.31
+5.21 +2.03%
Volume: 635,042
Aug. 13, 2020 4:00p
P/E Ratio
132.67
Dividend Yield
N/A
Market Cap
$38.60 billion
Rev. per Employee
$397,149
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