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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