Category Archives: Finance

Marc Beer – A Fireball in Biotechnology

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.

 

Early Life

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. 

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

 

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

Charitable Organizations

 

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.

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How Marc Beer Became An Entrepreneur

He had no idea it would turn out this way but Marc Beer would eventually go on to become a business owner with a particularly successful career. So how was he able to do so well for himself in a career that has endured for over three decades? The 48-year-old businessman, philanthropist, and entrepreneur recently sat down to discuss how he managed to overcome adversity and not let any setbacks stand in his way. It all began when he was a freshman in college. This is when he dipped his toe into the world of business and realized that was what he wanted to do with his life. As such, he decided to major in it and he excelled in his coursework. This is why he finished in the top ten of his class and later received his bachelor of science degree in the spring of 87.

He later received his first job offer and decided to take it. He worked at three different companies over the course of the next twelve years and spent this time saving up enough money to become an entrepreneur someday. This dream was finally realized in the spring of 2000 when he became the owner of his own business known as Viacell. It’s not clear why but he would end up selling the company seven years later. Before he did, however, it thrived under his leadership and was even worth upwards of $300 million at one point. They also had a significant amount of employees but it later closed down after the passing of his wife. 

He turned his back on his career so he could subsequently stay home with the kids to comfort them and make sure they had everything they needed. Eventually, two years went by and that’s when he finally realized he was ready to get back to the philanthropy world. This is what led him to start a new company which would become known as Renovia. Created just a few years ago, this new business is specifically designed to create a wide variety of medical products to aid patients who are currently feeling ill or under the weather. The FDA has already endorsed one of their products which means that consumers can use it without fear of it being defective or useless. A grant has recently been awarded to them and it is worth a significant amount of money. Learn more: https://www.prnewswire.com/news-releases/lumenxt-names-marc-beer-chairman-of-the-board-300822547.html

In a recent statement, he provided those who are looking to become like him with sound advice. During this time, he told them to always learn from any mistakes they have made in the past, ensure that their economic plan is stable before starting their own business and, most importantly, be willing to make sacrifices to ensure the success of the company. In addition to Renovia, he has also done some philanthropic work with one of the cancer foundations that strives to help people with the disease as well as their families. He serves as an excellent example for future generations.

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The success Todd Levine has received over the years handling disputes

Todd Levine is based in Miami and offers his services as an attorney in solving complex disputes that might be affecting the sellers, real estates, contractors, and investors. At the Kluger, Katzen, Kluger, and Levine he is a founding member. Also, he will offer his services to financial institutes and partnership companies. Todd has also been involved in the disputes between entertainment, commercial real estates, and sports. He attended the University of Florida where he was trained on law and finance. From the training, he gained a lot of new skills and excellent knowledge. One of the skills that have been of help in his career is being creative and has analytical thinking.

For Todd, when he is faced with any challenge, he will use his analytical thinking to come up with a creative solution. Todd Levine learned from the talent he has in that he was able to find simple solutions in every dispute that was brought up to him. Because of the success, he has received over the years in solving complex disputes he is referred to in America as the best lawyer. The reason why he is sort after by so many lawyers. He is now afraid to explain why if he has any idea, he will always implement it into action.

Every case that he will be approached with to get the best, he will handle each case individually that will make it possible for him to handle it with a different set of strategies. The best approach that has been of help to him over the years is to get the best he should get the highest understanding of every dispute and at the same time get to understand its legal side. The advice he has for young entrepreneurs is that they should love their career. Todd Levine believes that it’s okay to learn everything that’s involved in someone’s job.

Follow this link to learn more https://everipedia.org/wiki/lang_en/todd-levine/

Marc Beer Reviews The Renovia’s Leva Pelvic Digital Therapeutic Study

From 1987 to the 1990s, Marc Beer pursued a career in marketing and sales with a strong focus in
the pharmaceutical and biotech industry. He worked for Abbott Laboratories and Genzyme and
gained much knowledge in the commercialization and development of biotechnology and
diagnostics. In the 2000s, Beer started a variety of companies including ViaCell and the most
recent business startup, Renovia which he established in 2017 with Dr. Iglesias and Yolanda Lorie.
Renovia is a med-technology company in Boston, Massachusetts specializing in the development
and testing of therapeutic and diagnostic devices. After the release of the company’s pilot study of
the Leva Pelvic Digital device, Marc is proud of its positive results.

The Renovia Pilot Study comprised 23 women in pre-menopausal with pelvic floor disorders which
lasted for six weeks. The objective of the study was to measure the usability and effectivity of the
Leva’s therapeutic technology in improving quality of life activities, PFM function, and urinary
incontinence. Each participant had to perform PFM exercises under the supervision of a research
assistant for five days weekly as an out-patient. Participants also had training sessions in the
privacy of their homes using the Leva pelvic digital therapeutic and diagnosis technology. Marc
Beer had the study published in Neurology & Urodynamics on August 7th, 2019 with positive
reviews and results.

Review Of The Renovia Pilot Study
 87 percent of the women showed a resolution of stress urinary incontinence symptoms.
 74 percent of the participants reported more high levels of improvement in UI symptoms.
 All the women reported improvement in general urinary incontinence symptoms.
 Participants with mixed UI reported resolution of urgency UI component.
 One percent of the women found the study was frustrating mildly because of its incontinence.
 99 percent improvement rate in the participants’ IIQ-7 scores.
 All participants except for one reported the Leva pelvic digital therapeutic and diagnostic
devices were easy to use.
 Symptoms reduced after the first week of the training sessions.
 Significant reduction in urinary incontinence symptoms and negative impact of UI during daily
activities performance. Learn more: https://blogwebpedia.com/marc-beer-entrepreneurial-spirit-biotech.html

The FDA approved Renovia’s Leva Pelvic Digital Therapeutic in 2018 for use in the United States.
Marc Beer sees the results of the Renovia Pilot Study promising in furthering the expansion of the
product to help relieve the UI symptoms in women diagnosed with pelvic floor disorders. Since
starting Renovia, the Miami University graduate mission is to bring awareness of the effectiveness
of Leva’s products in reducing and eliminating the symptoms of pelvic floor disorders. Renovia is
also testing three other Leva developments which are solutions to strengthening the muscles of the
pelvic.

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Marc Beer

Igor Cornelsen knows more about international markets and currencies than almost anyone else in the world. He spends much of his free time keeping tabs on the world’s markets and behaviors. He has a knack for spotting critical changes before others notice anything. That talent allows him to accurately predict events, which gives him an obvious competitive edge.

The best example of his predictive power was his thoughts about the Euro persisting when others predicted total failure. He predicted that the Euro could survive the European recession as long as it remained the only currency. As the recession ended, Euro’s value stalled and remained high enough to allow enough countries to fully recover, proving Igor Cornelsen correct.

As a Brazilian-born investor, Igor Cornelsen consistently boasts Brazil’s potential to investors. Though the country went through a recession in 2016, it bounced back much quicker due to political instability in the United States. As the US’s current President continues damaging the US’s reputation, more countries are looking to Brazil.

Brazil doesn’t offer huge profits like the US, but it does offer amble passive income opportunities. Much of Cornelsen’s audience works multiple jobs to make ends meet, and passive income is a way to make money without direct involvement.

Why do so many people trust Igor Cornelsen’s advice? Igor Cornelsen is a living example of his advice’s success; he takes his own advice all the time and proves himself right. It’s easy for people, even those without his level of education, to understand what he’s talking about because he’d done it himself.

Also, the most important factor in investing, according to Mr. Cornelsen is the source of information. Rather than sell people pages of data, he gives them what he used. Learn more: https://www.facebook.com/people/Marc-Beer/100009146215501

U.S. Money Reserve CEO Angela Koch’s Leadership Style Involves Strong Focus on Employees

Angela Koch has built a successful career in not only the precious metals industry, but also in other industries including the engineering field. Today, she serves as the CEO of U.S. Money Reserve, a leading distributor of government-issued coins in the US. Angela is the only female Chief Executive Officer in the industry. She takes her roles of overseeing the operations of the company as well as setting culture pace for the company seriously.

U.S. Reserve has helped many Americans over the years with a focus being on helping individuals make decisions about precious metals as well as helping them to diversity their assets in form of the metals. The company has brought together a team of professionals who are working tirelessly to build relationships and take the company to the next level. Today, the company has served more than 500,000 individuals.

According to Angela Koch, sales organizations does not care about anything else about sales individuals beyond to sell. According to the industry leader, the individuals need to be empowered to do more than selling. They need to acquire the character and know how to go beyond the phone to do things in a different way.

Angela recognizes that sales individuals are smart people, only that they are not empowered to take bigger positions. Angela emphasizes the importance of helping the individuals about all the business aspects of the company including understanding customer needs and how to run the system. That way, they can facilitate improvements and successes even without a dominant figure over them. Read more: US Money Reserve | Indeed and Angela Koch US Money Reserve | Forbes

Employees are at the core of any business and key determinant of success. Out of her rich background, Angela understands that and always seeks to empower employees to do their best in not only their professions, but also in their personal lives. She takes care of her employees by helping them to grow. As a result of her efforts, the employers can be productive even with her absence.

Looking at Angela Koch’s journey to success, her story is inspiring. She dropped out of college out of a personal experience. She got married and had children. The problem came-in when her husband stopped being supportive and the whole task of taking care of her family was on her shoulders.

Angela was forced to think out of the box and make ends meet. She had to pay rent, electricity and gas bills you know. It is a difficult task to be out here without a degree trying to cater for a young family. But being a resilient young woman, she did multiple jobs at the same time.

It was a fateful development because she acquired the ability to adjust to any type of position she was in and be productive in any industry. After working at several companies, she earned a stunt at U.S. Money Reserve and the rest is history.

Learn more about US Money Research:

https://medium.com/@US_moneyreserve
http://epodcastnetwork.com/u-s-money-reserve/

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. 

Penny Elimination and the US Money Reserve

After an extensive discussion in the UK parliament, the legislature has decided to retain the country’s one penny and two pence coin. The issue has awakened a talk in the United States where lots of citizens are advocating for the removal of the country’s penny from circulation. The matter has led to Us Mint Director to discuss it on live TV.

The primary issue for its abolishment is that many people believe the penny is no longer useful and has lesser value as compared to when it was often used by most citizens.

US Money Reserve is the state corporation responsible for the production and circulation of the penny. It has close ties with the US Mint company and hence the company’s significant stake in the financial matters of the United States. Read more: US Money Reserve | Manta and US Money Reserve | BizJournals

Since the reigns of former president Abraham Lincoln, that is over 100 years ago, the penny has been service although its use has continued to decrease over the years. The fact that the penny has dropped in value throughout its lifespan is among the many reasons citizens and especially top economists in the country want it to be scrapped off the market.

Former US mint director who leads the Money Reserve aims at replacing the penny with more valuable coins made of gold and silver. The Reserve has managed to gain a considerable number of customers over the years since the idea of scrapping the penny came along.

The company has been successful in dealing with valuable coins made of more precious metals and which are believed to have a more significant market value for businesspersons as compared to the original penny.

 

The US Reserve has undertaken several projects among them being educating investors on the benefits of keeping their wealth in the form of valuable metals which are easier to liquidate. Their efforts are receiving much-unpredicted support from the majority of citizens.

With the increased use of cryptocurrency and online money, the penny is seen as an outdated feature in the modern markets. Modern systems of investing are proving to be more economical as compared to what the penny is providing.

With a monopoly in the production of both gold and silver products, the US Money Reserve is confident of replacing the penny with more valuable coins. Their future projections indicate that many investors will opt to invest using valuable coins, which will be the last blow to the penny.

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Learn more about US Money Reserve:

U.S. Money Reserve President Discusses Elimination of the Penny

https://www.ispot.tv/brands/Iyt/us-money-reserve

Paul Saunders describes how to develop a superior leadership

Being an effective team leader is not an easy task for many people. It is a task that needs skills and effectiveness for you to have a team that works in harmony and achieves the predetermined goals. According to Paul Saunders, the CEO of James River Capital Corp, although becoming a great leader requires exceptional dedication, there are still easier ways through which leaders can ensure that their teams are up to the task delegated to them. These are easy methods that any leader can utilize and make record significant difference. Researchers have done extensive research to find out what the most effective leaders do. What they have realized is that there are some simple strategies that every leader can effect and become improve the leadership style.

 

Don’t lead, support your team.

 

To become an effective team leader, you must start by creating a mindset shift. As the leader, see yourself as a person who supports the team and not one who leads. By shifting your mind from the role of leading to supporting, you will have added a critical ingredient to your leadership qualities. As simple as it looks, it can be a great way of making your team successful. You will most likely find better ways of interacting with your team members. Some times, becoming a great leader means doing the simplest things that others care about. When you stop bulldozing members of your team into doing what you want rather than what the whole team stands for, you will be doing your leadership style great injustice. Learn more: https://www.cbinsights.com/investor/james-river-capital

 

Encourage employees to speak out.

 

From research involving employees, one thing that comes out clearly is that employees withhold critical feedback from their bosses for fear of aggressive reaction. No worker will come to you as a leader with information if at all they expect you to reprimand them. Unless there is transparency and great communication channels in an organization, leaders will continue struggling since employees fear them. When employees do not fear the leader, there will be free interactions and engagement that will bring more productivity. Leaders need to develop “psychological safety” since it will allow them to gather information from their employees who could be much informed about the business than the leader. Escalation should be encouraged since it gives leaders to learn what the team thinks about the tasks they’re handling.

 

Paul Saunders

 

Paul Saunders is the CEO of James River Capital Corp., an independent investment firm based in the United States. He has been in the finance industry for the past three decades and therefore understands a lot about this issue. Saunders holds an MBA from the University of Chicago and B.A from the University of Virginia.