Category Archives: Biotechnology

Marc Beer Conquers The Biotech Industry

Marc Beer is an entrepreneur which focuses on Biotechnology. He is known for his vast experience in leading startups related to the industry. With his 25 years of experience, there is no doubt that he had already mastered the formula if creating successful startups. His success and experience can be found in the wide array of successful companies under his name.

 

In 1987, Marc Beer received his bachelor’s degree in Business from Miami University. After studying, he went on to forge a career that enables him to show his leadership skills. Beer became the Vice President of Global Marketing at Genzyme, a company that focuses on developing products for people that suffer from rare diseases. With Genzyme, rare diseases are further researched, which aims to help more than 350 million patients globally.

 

The experience form Genzyme inspired Mark Beer to start his first-ever company, ViaCell. He founded the company in 2000. Seven years later, the company is already a successful biotechnology giant that employed 300 people and became a public company in 2005 on both NASDAQ and VIAC. ViaCell is a company that specializes in the collection and preservation of umbilical cord blood stems. Beer sold ViaCell to PerkinElmer for $300 million.

 

Marc Beer met a tragedy when her wife died of pulmonary embolism. For two years, Beer had focused on raising his three children full-time and pushed back his plans for more business ventures. His 14-year old daughter convinced him to go back on track and live with purpose, and that’s the reason why Beer once again tried his luck in building another company. In 2016, Beer launched his latest company, Renovia.

 

As of the moment, Marc Beer is the co-founder, the Chief Executive Officer, and the chairman of Renovia. The company develops products that help in diagnosing and treatment of pelvic floor disorders, a condition in which millions of women worldwide have. The idea for Renovia came to Beer when he received a phone call from Dr. Ray Iglesias, a gynecologist who has been facilitating surgeries for women who have pelvic floor disorders for 35 years.

 

Together with Yolanda Lorie and Dr. Iglesias, Marc Beer co-founded Renovia, which is headquartered in Boston. Its goal is to provide products that help in the treatment and diagnosis of conditions such as pelvic organ prolapse, urinary incontinence, and fecal incontinence. It is reported that almost 25% of women in the US are affected by these conditions. Just last year, the company released its first-ever product, Leva, which is already approved by the FDA.

 

Renovia also managed to get a Series B round of funding for $32 million in addition to the $10 million in venture funding. The funds will be used in the development of other products that aim to combat pelvic floor disorders.  Learn more: https://www.prnewswire.com/news-releases/lumenxt-names-marc-beer-chairman-of-the-board-300822547.html

Marc Beer

Marc Beer has more than 25 years of development experience in the biotechnology, diagnostics, and pharmaceutical industries. In his skilled years of entrepreneurial success, he has created and developed companies that have reached top achievements. Marc graduated from Miami University in 1987 having received a Bachelor of Science degree in Business. Learn more: https://www.facebook.com/people/Marc-Beer/100009146215501

 

His first solo success was at the pharmaceutical company of Genzyme, where he became Vice President of Global Marketing. His first venture was at ViaCell in 2000 where he took this biotechnology company all the way a listing on NASDAQ. ViaCell specialized in the preservation of umbilical cord blood stem cells in order to treat a number of health issues. 

 

Marc Beer’s many successes have always had a goal of helping anyone who was suffering in hard to diagnose health issues. Not only has he founded and built-up healthcare companies through research and development, but he has also had an impact as he served on many health-related boards. These achievements have included the following:

 

o Board member of the Commonwealth of Massachusetts

o Board member of the Biotechnology Innovation Organization 

o Member of the Erytech Pharma

o Board member of the Notre Dame Research and Commercialization Advisory Committee

o Notre Dame Graduate Studies Research and Advisory Council

o Member of the Miami University Business Advisory Council

o Board member of the Joe Andruzzi Cancer Foundation

o Member of the Minerva Neurosciences, Inc. 

 

In an interview, Marc was asked how he was inspired to start Renovia. He said he was approached by two colleagues studying a muscular dysfunction in the body’s pelvic floor. They asked Marc to help with the technical background and the executive leadership to help secure funding. 

 

Marc was further asked to lead the venture and the rest is history. With Mr. Beer’s astute skill in marketing, he was asked which marketing strategy he has used that worked so well that it created a new business.

 

Mr. Beer remarked that it had to be working with the FDA to have them approve a specific prescription-based product for Renovia. The product could only be approved by a physician’s referral. Marc said that he and his great marketing team was successful, but that this same strategy has worked in their introducing products that gained marketing appeal on TV, marketing channels, radio, and online platforms.

 

When asked what makes him successful, Marc stated that he works hard and he works with great people who are talented, driven and experts in their field. Not to diminish his own drive, Marc Beer has always championed causes to improve mankind’s health issues. 

 

In addition, he uses his leadership and natural problem-solving skills to make the lives of others, a better one. He also inspires the medical experts around him and is committed to improving the lives of the medical community and their patients. Marc believes in attempting to bridge the gap between health/medical problems and a workable solution.