Marc Beer Thrives as an Entrepreneur

Not many people have been able to bounce back the way Marc Beer has but, despite the major setbacks in his life, he has taken it all in stride and is currently the co-founder, chairman, and CEO of a thriving business called Renovia. So how has he managed to attain this level of success? He
recently sat down to tell his story. His career first began back in the 80s when he made the decision to matriculate at Miami University. Upon receiving his Bachelor of Science in Business degree in the spring of 1987, he accepted his first post-academic position working as the director of sales and development at a company known as Abbott in North Chicago. He remained in this role for six years before becoming the vice president of sales and marketing at Biostar Inc.

After two years with the company, he found himself accepting a position as the vice president of global marketing for a business known as Genzyme. This would go on for four years until finally, in May of 2000 he started his own company, becoming the founder and CEO of Viacell. Based out of Cambridge, Massachusetts, the company specializes in extracting the embryos from the umbilical cords of mothers who have just given birth and using that genetic material to search for possible vaccines and cures for various diseases. At one point, the company employed up to 300 people and was eventually sold off to Perkin Elmer for a significant profit of $300 million.

Afterward, he was all set to move on to his next big business venture but fate had other plans in store for him. Not long after the company was sold off, his wife tragically died of a pulmonary embolism when she was just 42. As such, he became the primary caregiver to his kids, transporting them to and from school and helping them with homework whenever they needed it.

After about two years, however, his daughter helped him to realize he needed to return to the business world and continue helping people. So that’s exactly what he set out to do. In 2016, he partnered with some business associates to cofound Renovia, a business dedicated to developing various medical equipment and tools for patients suffering from a wide range of diseases and illnesses.

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Despite being established not long ago, the company has already become successful, having recently been awarded a $32 million grant to continue funding their research and development and an additional $10 million for their various financial ventures. He has dedicated his entire life to giving back to his community and helping those in need as much as he can and we wish him the best of luck.

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