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What Is a Virtual Data Room for Life Sciences?

A virtual data room for life sciences is a secure online platform used by biotech, pharmaceutical, and healthcare companies to manage confidential information throughout research, clinical development, licensing, fundraising, and M&A due diligence. Unlike generic data rooms, life sciences virtual data rooms are built for secure data sharing of sensitive IP, patient data, and regulatory documents with CROs, investors, partners, and regulators, while meeting strict compliance requirements such as HIPAA and GDPR.

Secure Data Rooms for Every Stage of the Life Sciences Lifecycle

Research & 
Scientific Discovery

Research & Scientific Discovery

A virtual data room for life sciences research enables secure data sharing of early‑stage R&D, pre‑clinical data, and proprietary IP with academic partners and CROs—without risking intellectual property leakage.

Clinical Trials

Clinical Trials

Venue® provides a HIPAA‑ and GDPR‑compliant virtual data room for secure data sharing of clinical trial results, patient data, and medical imaging with investigators, CROs, and regulators.

Licensing

Licensing & Partnering

Accelerate licensing‑in and licensing‑out with a secure virtual data room for biotech partnerships, allowing controlled data sharing of patents, regulatory documents, and technical data with potential partners.

M&A Deals

M&A & IPOs

Execute transactions with confidence using a virtual data room for life sciences M&A and IPOs, supporting secure data sharing of IP portfolios, clinical data, regulatory filings, and investor disclosures during due diligence.

Fundraising

Fundraising

Run efficient rounds with a secure virtual data room for life sciences fundraising, enabling segmented data sharing of financials, clinical milestones, and strategy with VCs, PE firms, and strategic investors. Manage multiple investor groups simultaneously with secure, segmented access to your data rooms.

Virtual data rooms that solve complex challenges for healthcare transactions

Smart Redaction
Fast Deal Readiness
HIPAA- and GDPR-Compliant Data Protection
Insights into Buyer & Partner Engagement
Managing Multiple Life Sciences Transaction

Smart Redaction

Protect patient privacy instantly. Don’t let HIPAA compliance slow down your deal. With Venue’s Smart Redaction, you can auto-detect and remove PII (like patient names and birthdates) across thousands of clinical trial documents in seconds. Redact once and apply to all—improving diligence speed by 50% or more.

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Fast Deal Readiness

Perfect your index before going live. Prepare for your IPO or licensing deal in a secure, staging environment. Venue’s Staging Area lets you upload bulk folders, organize your clinical hierarchy, and set permissions in private. When you are ready, "flip" to live instantly to give investors immediate access.

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HIPAA- and GDPR-Compliant Data Protection

When you integrate Venue into your life sciences deal process, you gain peace of mind with the industry's most rigorous security standards. We protect your data with:

  • SOC 2 Type II auditing and reporting
  • ISO/IEC 27001:2013 certification
  • AES 256-bit encryption (at rest and in transit)
  • Multi-factor authentication (MFA) & SSO
  • Automatic watermarking & delayed invitations
  • Symantec virus scanning & Intrusion detection
  • Granular, role-based permissions systems
  • Highest levels of infrastructure security
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Insights into Buyer & Partner Engagement

Know which investors / partners are serious. Stop guessing and start prioritising. Venue’s Buyer Intent Signals track exactly who is engaging with your most critical files—from clinical results to IP patents. Use real-time engagement data to identify your most interested bidders and time your follow-up outreach perfectly.

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Managing Multiple Life Sciences Transaction

Manage your entire pipeline at once. Whether you are juggling a fundraising round, a licensing negotiation, and an M&A process simultaneously, Venue’s Multi-Deal Management gives you a bird’s-eye view of every transaction. Streamline workflows and archive closed deals automatically to keep your team focused on the next milestone.

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15 minutes is plenty of time to see if Venue is a fit for your team.

Enterprise-Grade Security & Compliance

Protect your breakthroughs and execute deals with total confidence. The DFIN Information Security Program safeguards your sensitive IP, clinical data, and supply chain integrity using the industry’s most rigorous standards:

SOC2 Type II Audits

ISO/IEC 27001:2013 Certification

MFA & SSO Integration

AES 256-bit Encryption at Rest & in Transit

3rd Party Penetration Testing

Role-based Access Control (RBAC)

Intrusion Prevention (IPS) and Detection (IDS) Systems

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Explore client results

 

LIFE SCIENCES

How UK-based Concert Bio Optimized Their Data Security and Fundraising Efforts

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LIFE SCIENCES

Sharing large pharma data sets across 50 global sites supports diverse collaborations worldwide

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LIFE SCIENCES

How Venue’s high security and collaborative design delivered for biopharma

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LIFE SCIENCES

How we helped a biopharma company at different stages of its lifecycle

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Simplicity, Speed, and Security for Your Most Critical Deals

Uncompromising Security

Safeguard your IP and patient data with enterprise-grade encryption, granular access controls, and "Smart Redaction" to keep your innovations secure.

Pricing Transparency

Move fast with no budget surprises. We provide clear, flat-rate pricing models upfront—no hidden fees or complex per-page calculations.

24/7 Expert Support

Our local experts act as an extension of your deal team. Available 24/7/365 via Live Chat to manage user onboarding, permissions, and file uploads so you can focus on the strategy.

Security & Global Compliance

Be ready for regulators in any region. Our platform is fully HIPAA, GDPR, and SOC 2 Type II compliant, ensuring your data room passes the strictest audits. Learn more >

Frequently asked questions

Virtual Data Rooms are the backbone of secure collaboration throughout the life sciences lifecycle. Beyond standard M&A and fundraising, Venue® is used to securely manage clinical trial data, streamline licensing and partnering negotiations, and protect intellectual property (IP) during the drug discovery process—ensuring sensitive patient data and proprietary formulas remain confidential at every stage.

Look for a platform that balances enterprise-grade security with speed. Essential features include:

  • Granular Access Controls: To segment data between potential buyers, CROs, and regulators.
  • Smart Redaction: To instantly remove PII and patient data for HIPAA/GDPR compliance.
  • Staging Area: To prepare your index and permissions structure privately before going live.
  • Industry Expertise: 24/7 support from teams who understand the nuances of clinical and regulatory workflows.

The pace of innovation is accelerating, and the volume of cross-border M&A and licensing deals is rising. Life sciences companies face increasingly stringent FDA and EMA regulations, requiring audit-ready data at all times. Venue® allows firms to organize this complex data efficiently, reducing administrative drag and accelerating time-to-market while lowering operating costs.

Venue® is purpose-built to handle sensitive health information (PHI). We employ AES 256-bit encryption, strict Role-Based Access Controls (RBAC), and automated Smart Redaction tools. These features ensure that patient identifiers are removed and data is only accessible to authorized parties, helping you meet strict HIPAA and GDPR requirements during diligence.

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Yes. Unlike standard file sharing tools, Venue® is engineered to handle the massive file sizes typical of biotech R&D, including complex DICOM medical imaging, large clinical trial datasets, and extensive IP portfolios. Our bulk upload and “Tree View” navigation make managing these complex hierarchies simple and fast.

Speed is critical. With Venue®, you can launch a data room in minutes, not days. Our Staging Area allows you to upload and organize documents immediately, while our 24/7 expert support team is always on standby to assist with bulk scanning, indexing, and permissioning to get you deal-ready instantly.

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