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A virtual data room (sometimes called a VDR) is an online repository of information that is used for the storing and distribution of documents. In many cases, a virtual data room is used to facilitate the due diligence process during an licensing of products, M&A transaction, private equity and venture capital transactions. This due diligence process has traditionally used a physical data room to accomplish the disclosure of documents. For reasons of cost, efficiency and security, virtual data rooms have widely replaced the more traditional physical data room.
During licensing negotiations, mergers and acquisitions companies usually needs to exchange and work at big number of confidential documents. Our virtual data rooms are designed to have exactly the same strengths as a conventional data room: controlling access, viewing, copying and printing as well as setting time limits on viewing and logging for each user. It has none of the disadvantages of being in a standard, physical location, needing couriers to move documents or transporting of key staff and personnel back and forth. It is also accessible 24/7 over the allowed period. With a virtual data room, documents reach the auditors, regulators and investors in a more efficient and timely manner.
We are managing secure virtual data rooms which are build specifically for this projects of pharmaceutical, biotechnology and medical device industry. Our data rooms are managed by professionals with background from life sconce industry and with hands on experience in licensing and regulatory due diligence jobs with pharmaceutical industry.
This offer covers:
– virtual data room for one product
– unlimited number of files
– unlimited number of users
– set up of function roles and permissions for each user of VDR
– support related to upload of documentation
– monitoring of security of VDR
– live support during working hours
– deleting of documentation at the end of project
We also offer services of independent auditors and experts.
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