Marc Beer Provides Advice To Future Entrepreneurs

Nowadays, he runs his own company as a successful entrepreneur but that hasn’t stopped Marc Beer from giving back and providing advice to the next generation of aspiring business people and entrepreneurs. In fact, just recently he told them to remain pragmatic in the face of adversity, learn from your past mistakes and transgressions and never lose sight of your philanthropic mentality. He learned many of these lessons back when he was a freshman at Miami University. He had just decided to major in business and, upon graduating in the spring of 1987, received an offer to become a part of the sales development team at a company known as Abbott. After six years with them, he was offered a position on the marketing team of Biostar Inc.
In 1996, he left the company so he could become the vice president of global marketing at a business known as Genzyme. He would serve in the role for nearly half a decade before he ended up leaving to open his own business that would later become known as Viacell. Established in May of 2000 and based out of Cambridge, the company is devoted to trying to find cures for diseases by analyzing the blood stem cells acquired from the umbilical cords of new mothers. The company proved to be rather successful and they ended up with close to 500 employees at one point but, after going public in 2005, he resolved to sell the company for a massive profit and move on.
He then was planning to move on to his next project until his wife suddenly fell ill and passed away of a pulmonary embolism in the autumn of 2007. As the sole guardian of his three children, he became responsible for helping them with homework as per necessary and ensuring they have everything they need. Before long, however, his daughter helped him reach the revelation that the biotech industry still needed the brilliant mind of Marc Beer. So in 2016, he partnered with Dr. Ray Iglesias and Yolanda Lorie to become the cofounder, chairman and CEO of Renovia, a Boston-based company dedicated to providing much-needed medical tools to patients who badly need them. They just recently had their first product get approved by the food and drug administration. Learn more: https://patch.com/massachusetts/boston/renovias-marc-beer-raises-42m-treat-womens-health-issues
One of the disorders they are currently attempting treat is called the pelvic floor disorders and they affect an estimated 25% of the female population throughout the united states. They recently received $32 million in grant funding to continue their research and development as well as an additional $10 million to keep their finance department up and running. In the future, he hopes to continue helping as many people as possible.

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