Health Tech Rivals IQVIA, Veeva End Dispute After Striking Deal

IQVIA Holdings Inc. dropped its case against cloud software provider Veeva Systems Inc. after announcing a new partnership that will allow drugmakers and other life sciences customers to access technology offered by both firms.

IQVIA and Veeva agreed to voluntarily dismiss with prejudice claims and related counterclaims dating back to 2017, according to a Monday filing in the US District Court for the District of New Jersey.

IQVIA had alleged Veeva misused its trade secrets to improve competing products. Veeva then filed antitrust counterclaims.

In an announcement Monday, IQVIA CEO Ari Bousbib said the two firms’ new global partnership will ...