With more than 25 years of business experience in biotechnology. Beer, began his true focus in life when he co-founded ViaCell (NASDAQ: VIAC) and just recently (2016) with Renovia. So let’s shed some light on this incredibly intelligent and compassionate businessman.
In 2000, Marc founded a company called ViaCell, a biotechnology company specialized in umbilical cord blood stem cells, their storage and use. While working as CEO of the company, he pursued excellence and when the company reached 300 employees and a large number of customers, he took it public and sold the company to PerkinElmer in 2007.
Marc Beer graduated from Miami University in 1987 and began his career in pharmaceutical sales. Eventually, he ended up in the position of Vice President of Global Marketing at Genzyme. It was while promoting the Genzyme products and making it available to more than 350 million people who were unable to obtain needed medication to control more than 7,000 rare diseases.
The task of helping these individuals led Marc Beer to want to make more of a difference and address further issues in biotechnology and led him to found his own business called Viacell.
As mentioned before, Marc Beer founded Viacell in 2000 and in 2007 sold the company. This biotech organization specialized in collecting and preserving umbilical cord blood stem cells for the treatment of many different diseases and conditions. Shortly after selling the company for $300 million, Beer’s wife died from a pulmonary embolism. Beer stepped down from business to care for his family, but two years later, inspired by his daughter, he decided to enter the world of biotechnology again and try to make a difference in people’s lives. This led to his latest company called Renovia
As of Renovia, Beer took an idea from a friend (now business partner) and gynecologist Dr. Ray Iglesias and decided to make a product to help women suffering from pelvic floor problems. The idea was to create a product to prevent the need for pelvic floor surgery.
Beer partnered with Dr. Inglesias and Yolanda Lorie to create the company now headquartered in Boston. The idea was to offer medical devices to help women suffering from pelvic floor disorders. These products offer the first line of defense against pelvic floor disorders. They include products that help solve urinary incontinence, fecal incontinence, pelvic organ prolapse affecting a third of women in the US.
In 2018, the company’s first product Leva was approved by the FDA. He also obtained a round of additional funding this year to the tune f $32 million.
Connections Are Important
Marc Beer knows that his success depends on the people he works with. Without their talent, he would not be where he is. A primary part of Beer’s workday is talent acquisition. He puts the right talent and leadership team together. He sets goals, allocates resources and collects data 24/7. Learn more: https://www.bizjournals.com/boston/news/2018/08/21/ex-aegerion-chief-beer-raises-42m-for-womens.html
Marc Beer gives back to the community and uses his leadership and problem-solving abilities to better the lives of people in his community. He is a member of the Notre Dame Research and Advisory Council and on the Miami University Business Advisory Council.