Not many businesspeople can say they were able to rise to the top in such a short period of time but Marc Beer is one of the few people who can say they accomplished that. He began his academic career as a freshman at Miami University where he first realized his affinity for business and entrepreneurship which is why he decided to major in it. Upon the receipt of his business degree in the spring of 1987, he took the first job offer he could get as a member of the sales marketing team at Abbott. He held this position for over half a decade before moving on to his next position as the corporate officer at a business commonly referred to as Biostar Inc. He worked there for about two years before receiving an offer he couldn’t possibly refuse from Genzyme.
So before he even knew what was happening, he had assumed the role of vice president of global marketing. He held this position for almost five years before coming to the realization that he had all the knowledge and skills he needed to run his own business. As such, he became the founder and CEO of a business named Viacell at the turn of the century. Based out of Cambridge, one of the primary missions of the company are to analyze the blood stem cells commonly found in umbilical cords and examine the genetic makeup of these cells to see if they can find a biomarker.
It’s not clear whether this method actually works but it didn’t last long.
Around 2007, he decided to sell the company for unknown reasons and they ended up making a huge profit off of it. Unfortunately, he had to deal with a family tragedy shortly thereafter as a pulmonary embolism took the life of his wife, Jennifer. After the funeral, he was forced to put his career on the back burner as he became the primary caregiver to his three children. Two years later, however, his daughter told him that resuming his philanthropic career is exactly what her mom would have wanted. As such, he decided to open up a new company in August of 2016.
Based out of Boston, Renovia is committed to developing a wide variety of medical equipment and mass-producing it so it becomes available to all the patients who need them. In a recent statement, he provided words of wisdom to aspiring business people who are looking to follow in his footsteps. He told them to always focus on being as philanthropic as possible, be willing to make sacrifices for the success of the company and always maintain a level head in the face of adversity and setbacks.