Marc Beer is a renowned entrepreneur who tallies more than two decades of experience within his development field. During this 20-plus year span, Beer has showcased his business savvy and proven that he possesses all the qualities needed to launch and maintain a successful business. Learn more: https://www.bloomberg.com/research/stocks/people/person.asp?personId=1285777&privcapId=47636573
However, before transcending into the successful Chairman that he is today, Beer began taking steps towards his extensive career by deciding to receive post-secondary education at Miami University in 1983. While in attendance at the university, Beer obtained a Bachelor of Science in Business. Following a large array of education within the developments of biotechnology and pharmaceuticals, he would soon be promoted to Vice President of Global Marketing at Genzyme. As VP, it enabled Marc to be an effective promoter for both the company and its products. He made it his obligation to provide aid to underserved citizens who were suffering from rare diseases. After receiving some success in doing so, Beer became more motivated than he was initially. With this ruthless desire and determination, he decided to venture out on his own and launch his organization. Thus came the biotechnological company, ViaCell.
After being founded in 2000, ViaCell became a success. While employing roughly 300 people, the company dedicated themselves to utilizing and preserving umbilical cord blood stem cells to treat conditions within the body. Even though the company was already doing fairly well, it truly emerged after going public in 2005. However, after a relatively short seven years with the company, Marc Beer decided that it was time to part ways with ViaCell. In 2007, the beloved business was sold to PerkinElmer for a total of $300 million. Coming off that large of a money deal, one would think that Beer’s life would be filled with happiness, but unfortunately, this was not the case. Shortly after the selling and departure from his first-ever company, tragedy struck. At only the age of 42, Beer’s wife passed away from a pulmonary embolism. Though he was devastated, the widowed Marc Beer had to now take on the role of a single parent of his three children. While doing so, something miraculous happened. Roughly 2 years after his wife’s death, Beer’s 14-year-old daughter encouraged her father to “live with purpose”. Luckily, he took her advice. Marc Beer began to resemble his younger ambitious self as he launched another company under the name Renovia. Now sitting on his throne as co-founder, CEO, and Chairman of Renovia, Marc Beer has truly exemplified how light can be found even if one is in a dark place.