Advice from executive and entrepreneur Marc Beer

Marc Beer is an executive known for being the CEO and co-founder of Renovia Inc. The individual was able to raise $42 million to go towards the development of 4 new products. Beer attended Miami University in Ohio and has a bachelor’s from there. He is an experienced executive with over 25 years in the pharmaceutical industry. Learn more: https://www.crunchbase.com/person/marc-beer

Marc Beer created Renovia Inc. with Yolanda Lorie and doctor Ramon Iglesias. Some of his other positions include being the leader of ViaCell, holding different positions with Genzyme, being a part of Abbott Laboratories, and the chairman of a startup named Good Start Genetics. With Genzyme, he was responsible for the development of products as the Vice President of Global Marketing. At ViaCell, Marc Beer was the leader before selling the company in 2007. He still gives back to the University of Miami being a member of the Business Advisory Council.

An article from Blog Pedia recaps the career of the executive and his work with the brands listed above. The article credits that Marc Beer has been so successful because of the ability to solve problems. For example, he made a big contribution to Genzyme as he helped create products to treat 350 million people suffering from diseases. Beer launched ViaCell in 2000, a company that he later sold for a high margin of $300 million. Unfortunately, Marc Beer and his family were faced with some adversity as his wife died at the age of 42 shortly after selling ViaCell. Marc Beer did not feel like himself and took on the challenge of raising his 3 daughters full-time before one urged him to get back to being a successful entrepreneur and executive. He chose to listen to his daughter, which later led to the creation of Renovia Inc. The company was formed after Beer spoke to a doctor named Dr. Ray Iglesias about finding other treatments for pelvic floor disorders other than through the use of surgeries. The executive along with two others was able to form the company and create products along with a platform to treat the disorder that affects many women in the United States. They were able to create products through funding. Renovia operates to give women alternative treatments that can be more cost-efficient. The article from Blog Webopedia, and Marc Beer credit the teams that he has been a part of and how they are a key to his success as an executive. The individual is also sound with outdoing himself and accomplishing his own goals. Beer also does charitable work for colleges and organizations as a board member. He advises other entrepreneurs to take risks, create a plan, be realistic, learn from failures, and to give back to the community.

Boston Business Journal profile

Renovia Inc profile

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