Marc Beer co-founded Renovia Inc. company in 2016 which was meant for the development and commercialization of biotechnology, diagnostic and pharmaceutical products. The health products were to help women with urinary inconsistence and other pelvic floor related problems. Working over 25 years in the biotechnology, pharmaceutical and diagnostic fields, he has had a wealthy experience in the industry. Marc Beer was interested in helping women with these problems which has always troubled women in the past few decades. Through his ability to foresee these problems he came up with Renovia. Before founding the company, he also started up ViaCell that also dealt with health products.
Recently the prolific CEO successfully closed a Series A financing fund. These would help in raising funds for women healthcare. Later on Marc Beer, closed another series B financing where he raised $42M for the women healthcare products- $30M and $10M in debts. His commitment to trading these problems has made him gain sponsors for funding the startup. According to researchers, approximately 20 million women in the U.S. and over 250 million in the world are affected with urinary incontinence and other pelvic floor related problems. Therefore, Renovia Inc. will continue with other new health products closing both series rounds.
Renovia is developing products in the treatment of millions of women within the world. Pelvic floor related problems has been a major unaddressed problem in the health sector. The Boston based company is therefore coming up with an app and other proprietary medical technologies that would help women to maintain and visualize their own pelvic moment. Aside from this, the company has invested in pipeline products that have a better potential in diagnostic and treatment of urinary incontinence problems.
Using The Pelvic floor muscle exercises, women are able to track their own health without necessarily going to the hospital. They have been widely accepted as one of the best in treatment of pelvic floor related disorders. Other disorders associated with the pelvic floor are stress and other urgency that are based in the Urology and other Physical therapy. All these problems have been addressed by Renovia and will help millions of women worldwide. Apparently, most women may not have the ability to track down the problems within their muscle contraction. The problem of remembering to do the exercises is common hence the development of Leva.
Leva app is designed in training muscle within the pelvic floor. Being an FDA cleared device, the it has helping women to track down, maintain and share their problems with other women online. Through the visualization technology, the women can target the continence maintaining muscles responsible. This device has been revolutionary since they have coaching sessions and real time interaction hence optimizing pelvic floor muscles. Women has always wanted to have nonsurgical means of maintaining their health systems hence the development of Leva and the product pipeline products. Renovia has designed these devices to work simultaneously that has helped to represent the changes in the pelvic floor. Learn more: https://patch.com/massachusetts/boston/renovias-marc-beer-raises-42m-treat-womens-health-issues
The chairman of MergerTech is a gentleman by the name Nitin Khanna. Nitin pursued a master’s degree in Industrial Engineering, from the Purdue University. He was born in Chandigarh in India, in the year 1971. After graduating, Nitin was employed by some industries before he finally started his company. His company by the name Saber Corp was a tech company started in the year 1998. Saber Corp flourished under the leadership of Nitin Khanna to become the most prominent independent supplier of the government solutions. Nitin the decided to vend the company to EDS. He thereafter assisted the company to expand and finally accommodate 1500 employees. In addition to this, the company’s revenue also grew tremendously.
The birth of MergerTech in the year 2009 came around due to the expertise that he had acquired while managing Saber Corp. MergerTech is an advisory firm whose growth and customer services are led by him. Of late he is working on making the recreational and medical cannabis industry legitimate. It is believed that the cannabis market will soon be legalized.
A company famous as Cura Cannabis which was also started by Nitin now serves both users and most Cannabis edible companies. It has thereafter thrived to be the most prominent cannabis oil provider in Oregon. This article highlights the benefits of CBD oil https://www.dialdish.com/nitin-khanna-benefits-of-cbd/. He says that selling Saber Corp at a price which was several times its revenue is one of the things that motivated him to start MergerTech. Nitin must meet his team mates and ensure that he is aware of all the critical details of his company especially on a typical day. He also meets customers and participates in projects.
He believes that apart from developing business ideas, one should also ensure that the idea thrives. From this, MergerTech gives a special attention on client’s ideas to see them cultivated. He adds that Social media can either build or destroy a person or a business. He naturally investigative and knows how to utilize his various professional strengths in an appropriate way. These two aspects, have made him more productive as an entrepreneur. He advices young people to practice patience and steadiness. He recommends people to plan things earlier. He adds that if one wants to grow a business, then it should be one that everyone will talk about and also one should keep a good relationship the clients.
Click on this link to read more about Nitin.
According to the latest statistics, millions of women around the world experiences diseases that are exclusive only to their gender. In developing countries, women have a high mortality rate, especially during childbirth. Scientists have been working together to discover new ways on how to improve women’s health and protect them from diseases that put their lives in danger. Entrepreneurs around the world are also working with research facilities to study these diseases that commonly target women, and try to find out how they can eliminate these threats to give them a healthier life.
Marc Beer, an American businessman, is slowly becoming known around the world because of his initiatives to develop a treatment for various diseases targeting women. He focused his research on the treatment of pelvic floor disorders, which affects 250 million women. He also worked with scientists to study the disease and established a startup firm where the treatment will be released. His company, called the Renovia Inc., created Leva, which has been approved by the FDA since April 2018. According to patients who have used Leva, it drastically decreased the effects caused by the pelvic floor disorder, and some were even treated, eliminating the disease from their systems.
Many investors have seen the potential of Renovia Inc. to grow exponentially after positive results about their treatment options started to reach major broadcasting networks. Marc Beer persuaded a lot of business people to invest in his company, and he was able to raise $42 million. He said that the money he received from interested investors would be used for research, and they will develop more treatment options that would save a lot of lives. Marc Beer also revealed that their priority in the present would be creating innovative treatment options that are affordable and has a higher chance of success.
March Beer, along with the researchers that he worked with, was received positively by groups and organizations who are pushing for the betterment of treatment options for women. They said that the discovery of a treatment for the pelvic floor disorder would deliver relief to millions of women around the world. The research conducted by Marc Beer and his team would also influence future researchers to play around what they have discovered, and he said that new treatment formulas could accidentally be created from the information that they published. Renovia Inc. continues to provide hope for women around the world, promising that they will eradicate other diseases that threaten their lives. Learn more: https://ideamensch.com/marc-beer/