Companies in the life sciences sector require a VDR for sharing confidential information safely in the event of a merger, acquisition or strategic partnership requirement. Since they often have multiple stakeholders, partners and users in a project, the ability to provide customized annotations and permissions that are real-time can significantly enhance collaboration and productivity.
Additionally, iDeals offers a granular permissions system which allows administrators to restrict access to files by individuals or groups, including what they can do with them (print, download, copy/paste, take photographs) and the kinds vdr of devices they are able to access the information (computer or mobile). This level of security makes it easy for administrators to adhere to GDPR regulations and other privacy regulations related to data.
In addition to its advanced document management capabilities, iDeals also ensures that all documents stored in the VDR are regularly backed-up to avoid data loss. In the event of an natural disaster or technical issue, you can restore all your data with minimal or no disruption to business operations. This is especially important for organizations that work in the life sciences sector, which are subject to strict standards and regulations. iDeals Data centers are top-of-the-line, with different levels of redundancy. They also have several security protocols to safeguard sensitive information from cyber-attacks. This makes it a good choice for life science businesses which need to safeguard their intellectual property while collaborating with their stakeholders, partners and investors.