Marc Beer: Championing the Entrepreneurial Spirit in Biotech Recap

Marc Beer is a highly successful entrepreneur in the field of biotechnology. Beer graduated from
the University of Miami with a bachelor’s degree in business in 1987. Since then he has worked in
biotechnology and has started multiple successful businesses of his own.
Beer's first successful business was Viacell. Viacell was a company that collected and preserved
umbilical cords for stem cell research. This research was used to help treat various conditions in
the body. After building the business for 7 years, Beer sold it to PerkinElmer for around $300
million. Unfortunately, around the same time, Beer’s wife had passed away. This was devastating
to Beer and his 3 children. Beer did not let this tragedy slow him down. 2 years later his daughter
inspired him to start a new business to help change the world.
Beer received a phone call from a man named Ray Iglesias. Dr. Iglesias was a gynecologist who
was well experienced in pelvic floor surgeries. He had an idea of how to help women with pelvic
floor disorders prevent getting surgery. This sparked a chain of events that lead to Beer and Dr.
Iglesias starting the company now known as Renovia. The goal of Renovia is to help women with
pelvic floor disorders receive diagnosis and treatment. This would be achieved through the use of
technology. Learn more: https://blogwebpedia.com/marc-beer-entrepreneurial-spirit-biotech.html
Renovia’s first successful product was called Leva. Leva is a product that helps women strengthen
their pelvic muscles which prevent further complications and even surgery. Following the release
of Leva, Renovia was granted over $32 million in funding from various organizations. Renovia's
mission is to get rid of the negative stigmas surrounding pelvic floor disorders. Many of these
disorders get worse because women do not come out and talk about them. They also want to help
treat women suffering from pelvic floor disorders with non-invasive and non-threatening measures.
Beer strongly believes in giving back to the community and making a change in the world. He
believes that with strong leadership skills and principals you can achieve anything. Beer feels that
the key practices to leading a successful business include setting goals, learning from failure,
critical thinking, and giving back to the community.

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