Signal log.

The article is a valuation/stock price analysis of VEEV, discussing recent price movements and whether the stock is attractively priced. It contains no information about Veeva's SoR capabilities, agent infrastructure, MCP/API features, or any of the five thesis pillars.

Veeva's expansion of Quality Cloud with EHS and AI-driven automation across compliance, safety, and content review deepens its role as a durable state machine for regulated life sciences workflows — exactly the kind of named, enforced state transitions (compliance records, regulatory submissions, safety events) that underpin the SoR thesis. The Copli acquisition signals intentional investment in making these records machine-readable and agent-ready.