Recent Updates
Recently added Catalysts
MRK Positive Sentiment

Sarah Cannon Research Institute and Merck Collaborate to Expand Access to Oncology Clinical Trials

Key Takeaway: Sarah Cannon Research Institute has partnered with Merck to enhance access to oncology clinical trials. This collaboration will leverage SCRI's Accelero™ delivery model, which is designed to improve patient participation and streamline the trial process. The initiative aims to address barriers in accessing clinical research for oncology patients.

Market Sentiment Analysis

POSITIVE FACTORS

  • Collaboration aims to expand access to oncology trials.
  • Utilization of SCRI's innovative Accelero™ delivery model.
  • Potential to enhance patient participation in clinical research.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+24%
120-day peak, hindsight
Typical move
2.7%
average across 15 past catalysts
Cash runway
~37 mo
Minimal dilution risk
Lead asset
Omarigliptin
Phase 1 · Chronic Renal Insufficiency

Full Press Release Details

Leading oncology research organization adopts Veeva Clinical Platform to enhance study delivery
PLEASANTON, Calif.andNASHVILLE, Tenn.,June 4, 2025/PRNewswire/ --Veeva Systems(NYSE: VEEV) and Sarah Cannon Research Institute (SCRI) today announced a strategic collaboration to drive speed and efficiency in oncology clinical trials across SCRI's more than 200 research site locations. SCRI is adoptingVeeva Clinical Platformto unify its contract research organization (CRO) and site management organization (SMO) on a single platform for seamless data flow across clinical teams and research sites.
"We are thrilled to advance our clinical trials by integrating Veeva Clinical Platform into our digital toolkit," said SCRI chief information and digital officer Yazhene Krishnaraj. "This strategic collaboration empowers our clinical teams to deliver groundbreaking therapies to patients with enhanced precision and speed."
Veeva Clinical Platform will enable SCRI to simplify and standardize trial processes and information flow, improving how investigators and clinical teams work together and share data. With a connected foundation for clinical research, SCRI will be able to automate key processes and provide a streamlined experience for its sites.
"We're excited to work closely with SCRI to drive innovation in oncology research," saidJim Reilly, president of Veeva Development Cloud. "In a first-of-a-kind partnership, Veeva Clinical Platform will serve as SCRI's clinical trial foundation for its CRO and SMO. By standardizing operations on one platform, we can support SCRI in delivering faster and more cost-effective trials."
About Veeva Clinical PlatformVeeva Clinical Platform is a complete and connected platform across clinical operations and data applications. This end-to-end platform includes CTMS, EDC, clinical workbench (CDB), RTSM, eCOA, eTMF, Site Connect, Study Training, and more. Connected products streamline clinical trials from study start-up to close and automate a connected data flow. To learn more about Veeva Clinical Platform, visitveeva.com/VeevaClinicalPlatform.
About Sarah Cannon Research InstituteSarah Cannon Research Institute (SCRI) is one of the world's leading oncology research organizations conducting community-based clinical trials. Focused on advancing therapies for patients over the last three decades, SCRI is a leader in drug development. It has conducted more than 850 first-in-human clinical trials since its inception and contributed to pivotal research that has led to the majority of new cancer therapies approved by the FDA in the past decade. SCRI's research network brings together more than 1,300 physicians who are enrolling patients to clinical trials at over 200 locations in more than 20 states across the U.S. VisitSCRI.comto learn more.
About Veeva SystemsVeeva 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, ranging from the world's largest biopharmaceutical companies to emerging biotechs. As aPublic Benefit Corporation, Veeva is committed to balancing the interests of all stakeholders, including customers, employees, shareholders, and the industries it serves. For more information, visitveeva.com.
Veeva Forward-looking StatementsThis release contains forward-looking statements regarding Veeva's strategic collaboration with SCRI and the expected results or benefits from such collaboration. These statements are based on our current expectations. Actual results could differ materially from those provided in this release and we have no obligation to update such statements. There are numerous risks that have the potential to negatively impact our results, including the risks and uncertainties disclosed in our filing on Form 10-Q for the period endedApril 30, 2025, which you can findhere(a summary of risks which may impact our business can be found on pages 32 and 33), and in our subsequent SEC filings, which you can access atsec.gov.
Contact: |
SOURCE Veeva Systems

Frequently Asked Questions

What is the purpose of the SCRI and Merck collaboration?

The collaboration aims to expand access to oncology clinical trials.

What model will SCRI use in the collaboration with Merck?

SCRI will utilize its Accelero™ delivery model in the collaboration.

Where is the Sarah Cannon Research Institute located?

The Sarah Cannon Research Institute is based in Nashville, Tennessee.

How will this collaboration benefit patients?

It aims to enhance patient participation in clinical research for oncology.

Last updated: Aug 13, 2026