Companies that operate in the field of life sciences require the use of a VDR to share confidential information safely in the event of an acquisition, merger or strategic partnership, or a regulatory requirement. The ability to tailor permissions and provide real-time annotations is an excellent way to enhance efficiency and collaboration, particularly for businesses that have multiple stakeholders such as partners and users in the project.
iDeals also comes with granular permissions that allow administrators to restrict access to the files for individuals or groups. This includes what they can do (print downloads, copy/paste and screenshots) and the devices they are able access (computers and mobile phones). This level of security allows administrators to ensure compliance with the GDPR regulations as well as other data privacy requirements.
Aside from its advanced document management capabilities, iDeals also ensures that all documents stored in the VDR are backed up regularly to prevent data loss. In the event of a natural disaster or a technical issue, you are able to recover all your data with little or no disruption to your business operations. This is especially important for organizations working in the life sciences sector that are subject dataroom365.com to strict regulatory standards and requirements. Moreover, iDeals is hosted in top-of-the-line data centers with multi-level redundancy, and comes with several security protocols that protect sensitive information from cyber-attacks. This makes iDeals the ideal choice for businesses in the life sciences field which need to safeguard intellectual property and collaborate with their investors, partners and other stakeholders.