Virtual data rooms (VDRs) are software platforms that permit users to store and share confidential documents in a secure environment. They are typically utilized in due diligence procedures however, they can also be utilized in other situations. Most of the use cases involve mergers and acquisitions and include the provision and analysis of large amounts of confidential information for all stakeholders.
When choosing the right VDR for your project, you should look for one that provides specific document permission settings (not just print/view levels) to allow you to specify who is allowed to do what. You might want to look at VDR features such as dynamic watermarking as well as two-factor authentication or a thorough audit track for digital rights management.
Virtual data rooms are great for investment banking procedures such as IPOs capital-raising, IPOs, and M&A. They require large-scale document sharing. These spaces allow collaboration and communication between a wide range of participants, including those involved in due diligence, contract negotiation and more. A VDR that is carefully constructed can help biotech companies to reduce risk in their business and focus time and energy to turn promising science into approved drugs that can improve lives.
Betty Wainstock
Sócia-diretora da Ideia Consumer Insights. Pós-doutorado em Comunicação e Cultura pela UFRJ, PHD em Psicologia pela PUC. Temas: Tecnologias, Comunicação e Subjetividade. Graduada em Psicologia pela UFRJ. Especializada em Planejamento de Estudos de Mercado e Geração de Insights de Comunicação.