Novo Nordisk International Operations Commits to Veeva Vault CRM
Veeva Systems (NYSE: VEEV) announced that Novo Nordisk's International Operations has committed to adopt Veeva Vault CRM to support commercial teams with next‑generation CRM capabilities and agentic AI.
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Rhea-AI Summary
Veeva Systems (NYSE: VEEV) announced that Novo Nordisk's International Operations has committed to adopt Veeva Vault CRM to support commercial teams with next‑generation CRM capabilities and agentic AI.
Vault CRM is described as part of a suite of applications and agentic AI designed for commercial execution across personal and digital channels and to address global, country‑specific business and compliance requirements. Both companies framed the move as an expansion of their strategic partnership and a technology foundation to help drive commercial execution.
Details
News Market Reaction – VEEV
On Jan 7, the day this news came out, VEEV closed 0.62% above the previous close.
Data tracked by StockTitan Argus for the Jan 7 session.
Key Figures
- Share price
- $237.87
- Pre-news current price for VEEV
- Daily move
- 7.48%
- Pre-news 24h price change for VEEV
- Trading volume
- 3,030,554 shares
- Today vs 20-day average of 1,656,486
- 52-week range
- $201.54–$310.50
- VEEV price range over past 52 weeks
- Market cap
- $36,380,992,149
- VEEV pre-news equity valuation
- Q3 FY26 revenue
- $811.2M
- Fiscal 2026 third quarter total revenue, up 16% YoY
- Q3 FY26 subscription
- $682.5M
- Fiscal 2026 Q3 subscription services revenue, up 17% YoY
- Share repurchase
- $2.0B
- Board-authorized Class A common stock repurchase program term of 2 years
Historical Context
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Board authorized up to $2.0B in Class A share repurchases.
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Announcement of participation in Raymond James 2025 TMT and Consumer Conference.
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Launch of Veeva AI Agents for Vault CRM and PromoMats to boost productivity.
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Roche to adopt Veeva Vault CRM across its global pharma organization.
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Fiscal 2026 Q3 results with strong revenue and income growth plus AI progress.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
crm technical
agentic ai technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Chooses industry leading Vault CRM to empower commercial teams with next-generation CRM capabilities and agentic AI
"We are honored to expand our partnership with Novo Nordisk to Vault CRM," said Veeva CEO Peter Gassner. "Working together with AI-driven technology, we will do our part to help Novo Nordisk deliver breakthrough medicines to defeat serious chronic diseases and create long-term health for patients around the world."
Vault CRM is part of the Vault CRM Suite of deep applications and agentic AI that drive more effective commercial execution across personal and digital channels. With advanced global capabilities, Vault CRM Suite addresses the industry's unique and evolving country-specific business and compliance requirements.
"We are excited to expand our strategic partnership with Veeva by moving to Vault CRM," said Emil Kongshøj Larsen, executive vice president, International Operations at Novo Nordisk. "Vault CRM will help provide Novo Nordisk the technology foundation to help drive commercial execution."
For all the latest information on Veeva Vault CRM with agentic AI visit veeva.com/CRM and connect with Veeva on LinkedIn.
About Veeva Systems
Veeva delivers the industry cloud for life sciences with software, data, and business consulting. Committed to innovation, product excellence, and customer success, Veeva serves more than 1,500 customers, ranging from the world's largest biopharmaceutical companies to emerging biotechs. As a Public Benefit Corporation, Veeva is committed to balancing the interests of all stakeholders, including customers, employees, shareholders, and the industries it serves. For more information, visit veeva.com.
Veeva Forward-Looking Statements
This release contains forward-looking statements regarding Veeva's products and services and the expected results or benefits from use of our products and services. 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 ended October 31, 2025, which you can find here (a summary of risks which may impact our business can be found on pages 33 and 34), and in our subsequent SEC filings, which you can access at sec.gov.
Contact:
Maria Scurry
Veeva Systems
maria.scurry@veeva.com
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SOURCE Veeva Systems
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