As the current co-founder, chairman, and CEO of Renovia, Marc Beer has done quite well for himself over the years but it certainly wasn’t an easy path to get where he is today. So how has he been able to become so resilient over the years? The 48-year-old businessman and entrepreneur recently sat down with Stephen Callahan to discuss how he has managed to overcome adversity and become the successful philanthropist he is today. He first matriculated at Miami University in the autumn of 1983 where he decided to major in business. He proved to be an excellent student and ended up graduating with distinction in the spring of 1987. After receiving his college degree four years later, he accepted his first job offer as the director of sales training and development.
After working for Abbott for quite a while, he decided to leave so he could become the head of one of their departments at a company in Boulder, Colorado. He worked at that company for two dozen months until he became a member of the marketing department. Before he knew it, he was their new vice president of global marketing, a position in which he served for almost half a decade. Finally, around the turn of the century, he decided to leave those jobs behind so he could start his own business and, in May of 2000, Viacell was born. Located in the state of Massachusetts, the primary goal of the company is to extract blood stem cells from umbilical cords to try and uncover new cures.
This process involves monitoring the genetic makeup and attempting to find any biomarkers that may indicate a potential cure or vaccine. The company did pretty well for a while as they employed up to 300 people at one point and they went public five years later. However, he decided to sell off the company to PerkinElmer just two years later for a significant profit. Afterward, he was all set to move on to the next phase of his career but, before he could, he had to return home to deal with a tragedy that hit close to home. It seems his wife had contracted a pulmonary embolism which ended up taking her life. After the mourning process, he decided to become more involved in his children’s lives and school activities and help them with homework, packing lunches and driving them to school. Learn more: https://www.bizjournals.com/boston/news/2018/08/21/ex-aegerion-chief-beer-raises-42m-for-womens.html
While he did find this to be rewarding, his daughter eventually convinced him that he needed to get back into the business industry and resume his philanthropic endeavors. As such, in August of 2016, he partnered with Dr. Ray Iglesias and Yolanda Lorie to establish his new business known as Renovia. Based out of the Boston area, the company strives to develop medical equipment for people who are currently suffering from a wide variety of illnesses. They are currently working to treat various disorders of the pelvis, which typically affect a significant portion of the female population in America.