It’s not often that someone has become the founder and CEO of two different companies over the course of their career but Marc Beer is one of the few exceptions to this rule. His academic career started when he matriculated at Miami University where he first discovered his affinity for business and entrepreneurship. After receiving his bachelor of science in the spring of 1987, he was offered his first post-academic position as the director of sales training and development at a company known as Abbott. He served in this role for over half a decade until he decided to leave the company in 1994. He then took a job as the vice president of sales and marketing at a business called Biostar where he worked for over two years.
After tendering his resignation, he went on to serve as the vice president of global marketing for a company called Genzyme, a role in which he served until the turn of the century. Finally, in May of 2000, he became the chief executive officer of his own company that would later be named Viacell. Based out of Cambridge, Massachusetts, this new company was specifically designed to find cures for various illnesses and diseases. They did this by extracting blood stem cells from the umbilical cords of new mothers and analyzing the genetic makeup in an effort to locate any biomarkers that may help them develop some sort of vaccine or cure.
It’s not clear whether they had any type of success with these methods but you can’t deny the fact that the altruistic motives of the company are honorable. He decided to go public with the company midway through the 2000s but this type of success didn’t last long. In 2007, he made the conscious decision to close up shop and move on to the next phase of his career. Before he could, however, he had to go home to deal with a family tragedy. It seems his wife had passed away on account of a pulmonary embolism and so he found himself becoming a single father to his three children. For the next two years, he wound up driving them to and from school, helping them with homework whenever they needed it and becoming more involved with the PTA and whatnot. Learn more: https://patch.com/massachusetts/boston/renovias-marc-beer-raises-42m-treat-womens-health-issues
After a while, however, his daughter helped him realize he needed to get back into the business world and continue helping people. As a result, in August of 2016, he teamed up with Dr. Ray Iglesias and Yolanda Lorie to become the co-founder, chairman, and CEO of Renovia, a business dedicated to researching and developing medical products for patients in need. One of their main goals at the moment is to help people who are suffering from pelvic floor disorders which affect an estimated 25% of all females in the country. For those looking to become entrepreneurs, he recommends learning from your past transgressions, focuses on the success of the company and remains pragmatic in the face of adversity.