He knew it would be a tall order to thrive in the field of business and entrepreneurship but that certainly never deterred Marc Beer from succeeding in that line of work. He first matriculated at Miami University back in the autumn of 1983 where he first discovered he wanted to major in business. After graduating at the top of his class and receiving a bachelor of science in 1987, he went to accept the position of sales department director for a company called Abbott. In 1994, he left the company after six years to become a part of the sales team at Biostar where he worked for two years. Eventually, he rose to the top of the marketing department at Genzyme and became their new vice president for over four years.
Finally, May of 2000 saw the inception of Viacell and the main goal of the company is to uncover as many vaccines and cures as they can. They do this by acquiring blood stem cells from umbilical cords to see if there are any biomarkers that would enable them to develop and eventually synthesize a cure for various illnesses and diseases. While it still remains unclear whether they actually found any of the potential cures, it is assumed that they at least tried their best in that department. After going public five years later, he eventually decided to close down the company for undisclosed reasons and move on to his next venture. Learn more: https://www.crunchbase.com/person/marc-beer
Before he had the chance, however, he had to deal with the tragic loss of his wife, Jennifer. It seems she had contracted a pulmonary embolism and this had led to her tragic demise. As a result, he became a stay at home parent to help his three children through the grieving process and take care of their needs. He helped them with whatever they needed for the next few years but it wasn’t long before his kids helped him to see that he needed to resume his philanthropic activities and continue helping people in need. As such, he decided to open up a new business called Renovia in 2016 and he cofounded it with Yolanda Lorie and Dr. Ray Iglesias. Based out of Boston, the main goal of the company is to create medical devices for patients.
They have only been around for a few years but have already had quite a bit of success as they just had their first product receive the approval of the FDA and they’ve been awarded a $42 million grant. While most of it will be used to keep their research and development division up and running, they will be using some of it for various financial ventures. Pelvic floor disorders can be serious and affect up to one-fourth of the female population throughout the country which is why Renovia is currently attempting to develop a device to treat this and they recommend women get themselves tested for urinary incontinence. He hopes to continue helping people in the future.