Biotechnology, entrepreneur, Finance, People, Uncategorized

Marc Beer

Marc Beer’s Journey to Renovia

The most impressive entrepreneurs don’t come from money; they’re self-made. Marc Beer is the type of entrepreneur that’s always been talented, but he didn’t let it go to his head. Beer had a tough path leading him to his current success, but he came out stronger than ever.

Marc Beer’s illustrious career began after he graduated from Miami University with a B.A. in Business. Immediately upon entering the workforce, he realized he had a natural talent for pharmaceutical sales and marketing. His unique skills quickly led him to be named VP of Global Marketing at Genzyme.

While at Genzyme, Beer was responsible for promoting the company’s latest product line to more than 350 million people across the world. All these people were considered medically underserved; as they had rare diseased most companies didn’t produce products for. Under Marc Beer’s leadership, Genzyme reached the afflicted suffering from more than 7,000 kinds of rare diseases.

After seeing what kind of an impact he could have using someone else’s business strategy, he wanted to strike out on his own. More than anything, he wanted to up his game and help more people. The only way he saw fit to push himself further was to launch his own business.

In 2000, Marc Beer invested in his first venture, Viacell. The biotechnology company blossomed into a huge success, and by 2007, Beer was at the top of his game. Viacell went public in 2005 and became one of the most in-demand stocks.

On top of the world, Beer sold his company to PerkinElmer for $300 million. He had one successful company sold under his belt, and things never looked brighter. Sadly, his happiness ended with the death of his wife, who died from a pulmonary embolism; she was 42 years old.

He spent the next two years focused on raising their three children. Rejoining the workforce was the last thing on his mind, but his 14-year-old daughter reminded him of something he said to her every day while dropping her off at school: “live with a purpose.” Marc Beer wasn’t living the life he was destined to live. Learn more: https://www.prnewswire.com/news-releases/lumenxt-names-marc-beer-chairman-of-the-board-300822547.html

Following his daughter’s advice, Beer began looking for his next venture opportunity. As if by fate, Dr. Ray Iglesias reached out to Beer with an idea on how to help women avoid pelvic floor surgery. Along with Yolanda Lorie, the trio co-founded Renovia, which produced the most effective therapeutic and diagnostic devices for women.

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Biotechnology, entrepreneur, Finance, People, Uncategorized

Marc Beer Confirmed As Chairman Of LumeNXT’s Board

With a growing reputation and a solid foundation for future growth, LumeN XT is in quite a strong position for expansion. This has primarily been because of the company’s proprietary technology and a market that continues to grow. Over the past few years, the business has developed a considerable range of surgical illumination products that satisfy many of the demands that medical professionals place on their tools. Chief among these are the likes of precision, safety and, of course, illumination during surgery. This development has been led by a team of surgeons and engineers who have been pushing to innovate in the industry. Now, LumeN XT is looking to better position itself for expansion with the hiring of Marc Beer.

 

Beer will be joining LumeN XT as Chairman of its Board. As such, he’ll hold a considerable amount of sway in its future strategies. Over the past two decades or so, Marc Beer has built quite a reputation in the industry. The majority of this has been with a variety of MedTech startups. With his expertise, Beer has taken these companies through their early growth stages while plotting a course for international expansion and profitability. During this time, he’s gained a considerable amount of knowledge in both the development and commercialization sides of these MedTech companies. Furthermore, this has been in a range of different niches, such as diagnostic and treatment tools, biotechnology and much more.

 

Perhaps one of the most notable of these businesses has been Renovia Inc, which was established in 2016. Marc Beer founded the business to develop a variety of treatment and diagnostic tools for pelvic floor disorders. Since then, a number of its products have been approved by the FDA and been well-received by medical professionals and their patients. A few other products have been confirmed to be in development by Renovia Inc. This experience, as well as the experience he’s had with other companies, has helped Beer become a leader in the industry. This is something that LumeN XT hopes to use to help the company expand rapidly in the next few years.

 

With the skills and knowledge that Marc Beer has developed in the past 25 years, LumeNXT co-founder Paul Rhyne has noted that he’ll be quite an asset moving forward. Rhyne pointed to the considerable amount of businesses that Beer has put on the path to sustainable growth as an example of how he’ll add value to LumeN XT. This is especially true as the company looks to go international. Marc Beer has noted that the illuminated surgical tool company has already positioned itself well for future growth. Combined with a steadily growing market, he’s claimed that LumeN XT will be able to capitalize on the demand for the tools within the next few years. Learn more: https://www.crunchbase.com/person/marc-beer