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By using a VDR to compliment a fund-collecting process can easily build trust with buyers and ensure that all those stakeholders gain access to relevant information. Additionally , it can reduces costs of the process and accelerate deal cycles. A VDR is a protected environment to communicate with associates and consumers, which is important for a startup’s growth. In addition , a good VDR will offer limited compliance and security qualification, which is essential for biotech partnerships that require strict regulatory requirements. VDRs are also a very good choice for startup companies, as they can be customized in order to meet specific needs and wallets.