Marc Beer: Entrepreneurial Genius
For the past 25 years, Marc Beer has proven that he’s one of the greatest entrepreneurs to ever enter the medical industry. His immense success is in the form of several companies he’s taken to the apex of triumph. He’s known for his unique ability to provide workable solutions that solve short-term and long-term issues.
With a B.A. in Business from Miami University, Marc Beer developed his talent early on. Once he started working in pharmaceutical sales and marketing, he knew a career in the medical industry was for him. Soon, he landed the Vice President of Global Marketing for a pharmaceutical company called Genzyme.
His accomplishments at Genzyme were recognized worldwide. He promoted the company’s product line to more than 350 million people who were being medically underserved at that time. The company produced products for more than 7,000 rare diseases, and Marc Beer was in charge of putting those treatments in front of the people suffering.
After years of working for Genzyme, doing things their way, Marc Beer wanted to do more. He’d spent the early years of his career forming relationships and learning the ropes of the industry, so, in 2000, he set out on his own.
He founded Viacell, a company that specialized in collecting and preserving umbilical cord blood stem cells. Those cells were developed into my products and used to treat hundreds of conditions pertaining to the human body. In 2007, he sold Viacell for $300 million and began planning a bright future for him and his family.
The same year he sold Viacell, his wife passed away from a pulmonary embolism. Distraught, Marc Beer left his professional life behind and focused on raising his three children. Two years after his wife’s death, his oldest daughter convinced him to go back to work and start a new company. Learn more: https://patch.com/massachusetts/boston/renovias-marc-beer-raises-42m-treat-womens-health-issues
The next company he founded was Renovia, a company dedicated to helping women suffering from pelvic floor disorders. He co-founded the company with Dr. Ray Iglesias, a 25-year veteran gynecologist who’d spent much of his career performing pelvic floor surgeries. Throughout his career, he wanted to find a way to help women avoid the need for surgery.
Once he had an idea, he called Marc Beer, and that phone call changed Beer’s life forever. The duo paired with Yolanda Lorie and Renovia was officially born. Together, they developed cutting-edge therapeutic and diagnostic devices for women to help avoid the surgical option.