Companies that operate in the field of life sciences require the use of a VDR to share confidential information in a secure manner in the event of a merger, acquisition or strategic partnership obligation. The ability to modify permissions and provide real-time annotations is an excellent way to enhance collaboration and productivity, especially when there are multiple stakeholders, partners and users involved in the project.

iDeals also comes with administrator-level permissions that allow them to restrict access to files for individual or groups. This includes what they can do (print, downloads, copy/paste and screenshots), as well as the devices they can access (computers or mobiles,). This degree of security makes it easy for administrators to comply with the GDPR regulations, as well as other privacy regulations for data.

Alongside its advanced document management capabilities, iDeals also ensures that all documents stored in the VDR are regularly backed Recommended Site up to prevent data loss. This means that in the event of a technological malfunction or natural disaster, all the data will be recovered with minimal or no disruption to your business operations. This is particularly important for organizations working in the life sciences sector which are subject to strict regulations and requirements. Moreover, iDeals is hosted in top-tier data centers with multi-level redundancy as well as a number of security protocols to safeguard sensitive data from cyber attacks. This makes it an ideal choice for companies in life sciences which need to safeguard their intellectual property while collaborating with their stakeholders, partners and investors.