An article from Biz Journals discusses how Marc Beer raised $42 million for his new business venture Renovia Inc. Renovia Inc. is a company devoted to women’s health. The money that Beer helped raise for Renovia will help the company to create and move forward with products to help treat pelvic floor disorders.
The article mentions that these pelvic floor products that Renovia is working on developing will help with disorders like urinary incontinence. Research shows that the disorder affects 250 million women throughout the world. The products will be diagnostic as well as therapeutic. The article discuses that the very first product that the med-tech company is releasing is called Leva. The product was approved by the FDA in April.
More testing and development will be done with the funding that Renovia has received. The new generation of the Leva device will be able to be tested with the help from these funds as well as four more products that Renovia would like to develop.
Renovia’s CEO, Marc Beer, has spoken about his investment in the future of treating pelvic floor disorder in women. The article discusses that Beer’s vision is to help treat millions of women for this disorder and help them to live better lives. He believes that these innovative products that Renovia is producing will help do just that. Marc Beer wants people to be more educated in pelvic floor disorder.
Marc Beer has over 25 years of knowledge in pharmaceuticals, biotechnology, and diagnostics. Beer founded Renovia in August of 2016 with 2 other medical professionals. Marc Beer also acted as the founder and CEO of the biotechnology company ViaCell. ViaCell specializes in the development and preservation of the umbilical cord blood stem cells. The company became very successful under the leadership of Beer. Beer was also a member of the board of directors of the bio-pharmaceutical company Erytech Pharma as well. Before Marc funded ViaCell, he was the Vice President of Global Marketing at Genzyme.
Marc is also a member of other organizations including the Miami University Business Advisory Council and Minerva Neurosciences Inc. He has a Bachelor of Science from Miami University. Learn more: https://www.crunchbase.com/person/marc-beer