“Marc Beer Pioneering the Biotech Industry “

Marc Beer is the Chief Executive Officer of Renovia Inc. It is a pharmaceutical firm based in Boston. The firm is trying to develop a treatment for pelvic floor disorder. The disease like urinary infections affects a large percentage of women worldwide. Marc Beer founded Renovia Inc. and some of his associates. Marc Beer invested $32 million for use in coming up with new drugs for the treatment. Renovia Inc. is developing equipment and diagnosis that can be used to treat pelvic floor disorder. The firm came up with the first health care product, Leva to be used to diagnose the disease. The product got approved by the FDA a few months after it was released. Marc believes that with the correct diagnosis they can help millions of women.

Several therapeutic firms are coming together to help Renovia Inc. in developing a cure. One of these firms is the Longwood Fund that had initially invested in Renovia. Longwood Fund is an investment firm that only deals with medical institutions. Missouri-based Ascension Ventures and the New York Perspective Advisors lead the series B financing firms. The firms are funding the research on four new drugs for the treatment of pelvic floor disorder and would even like to make an upgrade of the Leva drug. Marc is delighted to be getting support from other therapeutic firms that are concerned with women’s health. The other firms are sharing the same vision as Renovia. Renova’s vision is to cure as many women as they can.

 

Marc believes that through combining ideas and technological equipment coming up with a cure will not be as difficult as it was initially. Marc is creating a platform that gives individuals a better understanding of pelvic floor disorder; its treatment options and affordable prices for patients that would like to get treatment. Marc Beer is not only the founder and CEO of Renovia Inc. but has also founded several other firms. In 2000 he founded ViaCell, a firm that collects, preserves and studies the umbilical cord stem blood cells. He led the coming to success by ensuring that there were continuous growth and profit margins.

 

Through Marc Beer’s management, the company has grown tremendously creating employment opportunities. ViaCell became publicized in 2005, and currently, PerkinElmer manages the firm. Marc is among the board of directors of various firms. He helps in making agreements on important decisions and even creates growth strategies for firms. He has worked with Genzyme and is currently working with Global Marketing as the Vice President. His principal role is to announce the launch of new products for the cure of significant diseases. Marc is also among the committee members for pharmaceutical firms that discuss significant health-related problems. Learn more: https://www.crunchbase.com/person/marc-beer

 

“Meet Marc Beer: The Chief Executive Officer of the Renovia Inc “

Marc Beer is a co-founder and Chief Executive Officer of the Renovia Inc, a medical start-up based in Boston. In today’s advanced biotech industry, it requires significant skills and efforts to operate a start-up firm especially when it comes to matters such as research and development, and financing. Also, it may not be easy to get FDA approval for therapies and new drugs.

 

Marc Beer has been working extremely hard to build Renovia Inc. He has actually been able to raise about 42.3 U.S dollars to facilitate research in matters regarding pelvic disorders like urinary incontinence, a condition common in Women. According to statistics, over 250 million ladies from different corners of the world suffer from conditions associated with pelvic disorders.

 

Renovia’s efforts of getting therapies for making pelvic floor stronger are bearing fruits. The firm’s first item, Leva, was approved by the FDA in the month of April 2018. This product is actually an application for checking and promoting strength training as a way of curing pelvic floor disorders. This product comes with a special device that produces real-time visualization as well as coaching sessions. It helps to separate damaged levator plate muscles as well as directing optimal movement patterns.

 

Money acquired will be used to finance better iteration of Leva, additional wearable devices, clinical trials, and state-of-art office diagnostic equipment. Pelvic disorders can cause pain, pressure, improper bladder emptying that result in frequent urination as well as urinary incontinence. Women suffering from pelvic disorders can experience severe pain during sexual intercourse.

 

Marc Beer revealed that combining their innovative as well as proprietary sensor technologies with the right digital health platform can provide their customers with valuable information regarding the available treatment options. The move will also help reduce the general healthcare costs.

 

The fundraising for the Renovia Company included 10 million U.S. dollars of venture debt as well as 32.3 million U.S. dollars in series B equity. The funds will be used in areas like conducting trials, developing training and diagnostic devices, and shepherding items through FDA approval as well as commercialization. The activity was managed by the famous Perceptive Advisors & Ascension Ventures and involved stakeholders from the Western Technology Investment, OSF Ventures, and Longwood Fund.

 

Renovia’s products include proprietary algorithms, devices, sensors, and applications that work hard-in-hard to come up with dynamic as well as a static depiction of the pelvic floor, which is one of the main sources of the problems affecting women. Several ladies out there are usually shy and fear to talk about challenges associated with incontinence as well as frequent urination. Learn more: https://www.slideshare.net/MarcBeer

 

More about Marc Beer

 

Marc Beer has over 25 years of experience of development as well as commercialization in the field of pharmaceuticals, diagnostics, devices, and biotechnology. In the year 2016, Marc Beer, Yolanda Lorie, and Ramon Iglesias founded the Renovia Inc.

 

Marc Beer Is The Pharmaceutical Veteran Behind Renovia

Renovia has been going through funding since they first opened for business back in 2016. This is necessary because it takes a lot of funds in order to do research and to develop products. Marc Beer founded Renovia with the interest to develop treatments and cures for diseases. Primarily, Renovia is focused on women’s health right now and they are aiming to treat Pelvic Floor Disorder. This disorder is not commonly talked about, but it affected more than 200 million people worldwide. This is very significant, which makes it odd that there is not as much conversation about it. Marc Beer believes this is because it is an embarrassing disorder that many women just deal decide to deal with quietly. Learn more: https://renoviainc.com/

 

Marc Beer has been working in the pharmaceutical and healthcare industries for the past two and a half decades and he is a highly capable leader. He has worked in various different capacities over the years, including high ranking executive, for many companies in his own field. This includes Global Marketing, ViaCell, and Genzyme. Throughout these positions, Marc has been in charge of company operation, growth, employee management and growth, mergers, and much more. He managed to build ViaCell up to more than 300 employees during his time there and increased company financial turn around by a good amount.

 

Since 2016, Renovia has been operating from behind closed doors, doing extensive research and testing for their products. Leva is the first product that has been FDA approved for Renovia, though Marc Beer still thinks it has much more improving to do in order to be a truly effective digital health system. As it stands, better technology is needed to make use of the sensory technology on a deeper level within the body, which Marc believes could be possible with their latest funding round. Thanks to several major investment companies, including Ascension Ventures, Renovia was supported with more than 42 million dollars in additional funding. This funding is already going to good use for upgrading Leva and it will hopefully be enough to continue research for Renovia’s three other developing products.

 

Marc Beer: The Hero of Pelvic Floor Dysfunction Victims

About the quarter of the whole population of women in the United States of America are affected with pelvic floor dysfunction – this is accordin to the National Institues of Health. Their research and survey also concludes that with age increasing, the chances of getting the dysfunction also increases. It affects more about 40% from women who are in between the ages of sixty nine and seventy nine years old, and 50% of the affected population are women who are 80 years of age or older.

 

Pelvic Floor Dysfuntion can be a bummer to have – with it coming with old age as well – in synchronization with age related diseases like osteoporosis and arthritis, Pelvic Floor Dysfunction can be a real pain. This dysfunction comes from the weakining of the muscles and connective tissue inside the pelvic cavity- or when they are weakened. The muscles from the pelvic cavity create a sling at the opening of the woman’s pelvis, and it fixes the bladder, bowel, and uterus in place. This dysfunction can make a woman extremely uncomfortable, unable to move easily, and it can greatly affect sexual functions.

 

This dysfunction raised an alarm for a specific individual in the name of Marc Beer – he is a champion for people who are affected with Pelvic Floor Dysfunction. Along with his company, Renovia – they are dedicated to making lives easier for people who are suffering with Pelvic Floor Dysfunction. They are deep in research into creating more platforms and ways to help these people who are in pain. With their dedication to this cause, they have actually obtained more funding for their company – this will go to more investments in research and development of their programs to make sure that these people who are suffering from Pelvic Floor Dysfunction can access and avail of the best quality care that the medical world can offer. Marc Beer also acquired about 10 million dollars in venture debt – and this funding will go to more clinical research acceleration, corporate development and future commercial distribution of their products so it would be more available and reachable to the public consumers around the world.

 

Marc Beer is a man of action, excellence and compassion. He has dedicated most of his life into the serving people who are in need in the medical avenues that he is and adept in. He also values truth in his work and he is dedicated to always improving the current technology that his company has to be able to create the truest standard of care that they can provide. He also relies on his people the most, because he believes that he has the best people on his team and these people are the first ones who will help him pave the path to true care. Learn more: https://renoviainc.com/leadership/

 

Marc Beer Begins Women’s Health Startup and Successfully Gains $42 Million in Funding

Allison DeAngelis wrote an article for BizJournals, a Boston website that publishes the latest business news in the area, titled “Ex-Aegerion chief Beer Raises $42m for Women’s Health Startup.” The article reveals how Marc Beer co-founded the startup Renovia Inc. The biotechnology company is based in Boston and helps women find solutions for their pelvic floor disorders.

 

The MedTech company provides diagnostic and therapy solutions for women who have pelvic floor issues like urinary incontinence. This disorder affects more than 250 women around the world.

 

The company has received a variety of investments for the second Series B round. One company called the Longwood Fund has invested in the company to help them test and develop more products and medicines to help women with pelvic floor disorders. It received nearly $32 million in funding with $10 million for venture debt.

 

One such product is the Leva device, a training product that helps women train their pelvic floor. A probe is inserted into the vagina while the women perform Kegel exercises to strengthen her pelvic floor. The probe is then connected wirelessly to the Leva app available on Apple products. This will help women train and rehab their pelvic floor muscles to treat mild or moderate urge incontinence. The device allows women to treat their pelvic floor disorders without all of the risks involved in surgery or medication.

 

Leva is the first product developed by Renovia that has been approved by the FDA. They received the approval in April to help women deal with weakened pelvic floor muscles. More than 61% of women experience leakage after childbirth because the muscles have been weakened. This will often cause leakage, but like any other muscle, the pelvic floor can be strengthened with exercise. Many women simply believe doing Kegels will strengthen their pelvic floor, however, many women are actually performing the exercise incorrectly. The proper way to strengthen the muscles beneath the bladder is to lift and squeeze the entire muscle set instead of creating a downward pushing motion.

 

Leva provides visualization technology that helps women focus on targeting the proper muscles. With a motion sensor technology, the patient will see the profile both at rest and in movement with real-time interactive visualization through the app. Many patients are able to complete the exercises in under five minutes anywhere that is private. Then they can review their data and track their progress.

 

Marc Beer is the Chairman, co-founder, and CEO of Renovia who has more than 25 years in biotechnology and pharmaceuticals. He created Renovia with Ramon Iglesias and Yolanda Lorie two years ago. He went through the first Series A round of financing and successfully completed the Series B round. He has been the leader in a variety of other biotechnology companies like ViaCell, as well as working with Genzyme. Learn more : https://renoviainc.com/leadership/