Marc Beer has years of experience in the commercial healthcare industry. He is a man of many titles in the same with his startups and affiliation with commercial health institutions. Before he co-founded the Renovia pharmaceuticals with Ramon Iglesias and Yolanda Lorie, Marc Beer has started a number of firms in the same business and led them to be the ultimate robust institution. Here are some of the institutions Marc Beer has worked with before Renovia.
Marc Beer is a graduate from the Miami University in Ohio with a bachelor’s of Science degree. As an alumnus of the university, Beer is a member of the Miami University business advisory team, among other titles. In commercial health, Marc Beer was the founding chair of the BOD of the compensation team of a recently acquired firm, Good Start Genetics. Marc beer holds a similar position in another firm, Minerva Neuroscience Inc., where he is also a member of the audit committee. Marc beer also held a number of positions in the sales and marketing team of the Abbott Laboratories. He also held a number of positions in Genzyme, the most recent on being the VP of the team that was responsible for launching new products to the market. The products that were launched addressed rare diseases populations globally. There are any more positions that Marc served in different institutions that are not covered here. These institutions include ViaCell, Erytech, and Aegerion Pharmaceuticals.
Renovia and the 42 million dollars fund.
Renovia Inc. was co-founded by Marc Beer to cater for disorders that affect the pelvic floor. Their first product was Leva devices, the was approved by the FDA. In the series B funding, the institution’s aim was to raise enough funds to help in the diagnostic and therapy of such disorders. Pelvic floor disorders like urinary incontinence have been proven by researchers to affect over a quarter million women worldwide. With the funds, Renovia will push on with the introduction of such new products and the advancement of their current Leva device. In the series, healthcare based institutions like Longwood, Perceptive Advisors in New York, and Ascension ventures in Missouri were leading in the series.
Marc Beer announced that the funds from the series would be used in the development and testing of a digital platform which will give Renovia’s clients with valuable information on new treatment paths, communicate to people information on pelvic floor disorders and finally lower the cost of the treatment of such disorders. The firm based in Boston acquired 32 million dollars from the like-minded institutions that participated in the series B round and sourced the remaining 10 million dollars from venture debts. The development of the therapeutic and diagnostic devices will improve the health and well being of millions of women once introduced in the market. Learn more: https://www.bizjournals.com/boston/news/2018/08/21/ex-aegerion-chief-beer-raises-42m-for-womens.html