Virtual data rooms that entered the market only a short time ago have already become environments of a crucial importance during deal execution. Being invented for accomplishment of merger and acquisition deals, VDRs have showed that they are efficient for realization of deals in the variety of industries and spheres such as accounting, energy, fundraising, media, real estate, investment banking, family affairs, financial industries, life science, biotechnological licensing, legal sector, any many others. Clinical researches also are on are included in the list of the industries that can get benefits from a VDR use. Cloud-Based Data Rooms Adapted For Clinical Records. How It Really Comes Off with http://www.datarooms.org.
Clinical studies are generally associated with examination and saving of large volumes of confidential information: trial results, sensitive data of the those involved in studies, etc. Apparently, this documents under any circumstances can be under the risk of misuse, leakage, loss as the aftereffects have a chance to be hazardous and adverse. Hence, those participating in clinical analyses should guarantee the data security and to select a safe room for storing the information. At the same time, this confidential files are expected to be exchanged with a variety stakeholders such as those involved in life science firms, investors, licensing partners, etc. Thus, clinical specialists should keep the files in the safe place and, concurrently, make it available to chosen groups. A VDR is a software capable of meeting all the mentioned demands.
Commonly, virtual rooms are provided with a strong and multi-sided protection system that protects the documents with such tools as data encryption, firewalls, personally-identifiable dynamic watermarks, virus scanning, two-step user verification process, etc. One of the new inventions in information security is referred to as “fence view” feature: a Print Screen button is blocked when a user views documents a repository and the danger of a camera-based attack is being cut.
Aside from a complex protection and comfortable environment for documents storing, virtual rooms have some other advantages to provide the representatives of clinical studies with. For instance, being open for an entrance 24/7 worldwide, virtual data rooms facilitate communication between researchers and scientist that are located in remote regions. At the same time, Q&A section that is a part of a decent VDR equipment makes the interaction even more non-problematic: all the recognized room users have a possibility to ask and answer the questions considering a certain information and the discussion is tied to the document itself. Therefore, the scientist have a possibility to not just browse the data kept in a virtual repository but also participate in a significant interaction within the virtual room.
When it comes to clinical findings, it becomes obvious that not all the colleagues can possess the similar access to the data. Therefore, the VDR visitors are to be segregated into the groups that take into account the justified level of data revelation. Virtual repositories offer their users digital rights management that helps the data room owners to set up the required number of permission categories and impose confines on the access to the data. The other virtual room tool, namely – activity tracking, provides the information on all the action performed in the VDR. The data on who accessed the virtual room, when, which documents were searched out and how long for is written in an audit report and allows the room administrators to identify the most active and concerned room users.
Another virtual data room feature is that it is pretty unproblematic to set up and keep. Such features as drag-and-drop and bulk uploading options provide the room owner with an opportunity to pack the virtual data room with all the necessary files without any problems. The same features are expected to be exploited to update the virtual platform and to add the relevant information. Hence, the virtual room owners have an opportunity to rapidly update the files exchanged with room visitors and provide them with the latest clinical findings and results. The mentioned advantages prove that VDRs will be useful for clinical studies: they seem to be flawless spaces for storage of highly confidential and private data and for keeping contact with geographically remote scientists and other groups of interest.