When Marc Beer co-found Renovia in 2016, he was on the mission of developing digital therapeutic and diagnostic devices to treat pelvic floor disorders. Research sources reported a common disorder, known as urinary incontinence affects over 20 million women in the United States. Approximately 61 percent of those women under the age of 60 experience leakage which is treatable sometimes through exercising and strengthening the pelvic floor. Women’s Preventive Services Initiative (WPSI) and The American College of Obstetricians and Gynecologists (ACOG) released recommendations and opinions on the importance of urinary incontinence screening. Renovia is supporting the initiatives of the organizations to improve and maintain the health of women.
Renovia made the announcement in a press release on August 28th, 2018 of their support for urinary incontinence screening recommendations by ACOG and WPSI. As part of postpartum care for women, ACOG released its Committee Opinion-736 which recommends the screening for various pelvic floor disorders. ACOG leads national coalition, WPSI which released the first screening guidelines for detection and routine screening of all women including those in their adolescence. Women’s Preventive Services Initiative published the guidelines on August 14th to encourage early detection of urinary incontinence disorders and alternative treatments. Marc Beer and the Renovia team are dedicated to bringing awareness to millions of women and continuously supporting the initiatives of WPSI and The American College of Obstetricians and Gynecologists.
During the same year of supporting ACOG and WPSI, Marc Beer helped Renovia raise $42 million in Series B funds and venture debt. These funds are for developing and testing new products for therapeutic treatments and diagnostics. Marc and his partners received funding from healthcare investment firm, The Longwood Fund. Renovia is a med-tech company in Boston, Massachusetts and producer of FDA-approved device, Leva Pelvic Digital Health System. The device is for treating urinary incontinence and stress, and for strengthening the pelvic floor muscles through exercises.
Marc Beer serves as CEO and Chairman of Renovia for nearly three years with partners, Yolanda Lorie and Ramon Iglesias. He has 26 years of experience in the development and commercialization of biotechnology, diagnostics, pharmaceuticals, and a variety of devices. Before co-founding Renovia, Beer earned a bachelor’s degree from Miami University and joined Abbott Laboratories working in the sales and marketing. He left Abbot to serve as vice president of global marketing for Genzyme and later years later worked as CEO for Viacell. Learn more: https://www.crunchbase.com/person/marc-beer
Marc Beer is the co-founder and CEO of Renovia; a biotechnology company focused on addressing medical problems facing women. Marc has been in the healthcare sector as an executive for over 25 years. March has dedicated most of his career towards the development of biotechnology and it’s commercialization. Renovia was founded by Marc and his business partners Yolanda Lorie and Ramon Iglesias who is currently the Managing Director in August 2016. Under the capable leadership of Marc, Renovia has grown to one of the most notable MedTech companies and successfully completed its Series A financing attracting notable healthcare venture capital funds. Before this venture, Marc worked as the Founding CEO of ViaCell and Founding Chairman of Good Star Genetics board of directors.
The women’s healthcare revolution
Recently, Marc Beer conducted a Series B financing campaign for his Renovia biotech company and successfully raised $32 million. He was also able to raise another $10 million as part of venture debt totalling his collection at $42 million. Marc plans to utilize these funds to help his company develop new products to address various medical issues related to pelvic floor disorders in women. This medical condition is known to affect at least 250 million women worldwide. Renovia, which is based in Boston is committed to developing diagnostic and therapeutic products that that can remedy pelvic floor disorders especially urinary incontinence.
A united front
During a press release announcing the collection of the funds, Marc Beer announced that his companies fight against this dreaded condition. He said that some of the company’s Series B investors had shown interest in uniting with them to help women globally manage pelvic floor disorders. Marc particularly pointed out the Longwood Fund as their partners in this united front against this condition.
The Renovia co-founder and CEO went ahead to state that this new investor will be very vital in the development of the second edition of their first product, Leva. The FDA approved the first edition of the Leva product in April, and Marc wants to make significant improvements to it on its second edition. The Longwood Fund’s long-term experience as a healthcare-focused investment firm will play a significant role in this according to Beer.
Beer went ahead to state that by Renovia working closely with the Longwood Fund, it will be possible for them to lower the cost of this healthcare for women across the globe. He stated that by the two companies combining their proprietary innovative sensor technologies, they could come up with affordable treatment options. Marc Beer said that his company planned to use its digital health platform to provide its customers with valuable data that will help them make informed decisions. Learn more: https://www.cnbc.com/video/2013/01/23/aegerion-ceo-on-promise-of-biopharma.html
Marc Beer and his company Renovia Inc. recently made major news. The company is moving forward with plans to produce several new products for pelvic floor disorders. This comes as the company closes multiple million dollar deals including a thirty-two million dollar series B deal.
Renovia Inc. is a Boston-based medtech company that has made a name for itself by developing a variety of products that treat pelvic floor disorders. These disorders, which include urinary incontinence, affect more than two hundred and fifty million women across the world. Renovia is working together with the The Longwood Fund. This group got in early on the investing process along with New York-based Perceptive Advisors and Missouri-Based Ascension Ventures.
When speaking of the event, Marc Beer had lots of good things to say. “We are thrilled to have the support of this group of leading healthcare investors,” says Beer. Beer went on to explain these companies share the same vision to better diagnose, treat and improve the lives of women affected by these disorders. Learn more: https://ideamensch.com/marc-beer/
Marc Beer has built an impressive career as an entrepreneur. Beer is the CEO and nd Co-founder of Renovia Inc. He has more than two decades of experience in the pharmaceutical and biotechnology world. Beer has also spent time as the CEO of ViaCell. This biotech firm specializes in the development and preservation of stem cells. Under Beer’s leadership this company has grown to more than three hundred employees. Other notable achievements during Beer’s career including being chairman of the directors’ board for Good Start Genetics Compensation Committee and founding chairman of the compensation committee of Minerva Neurosciences Inc Audit Committee.
Marc Beer believes his success is a result of his daily schedule. His typical week is focused on talent acquisition, organizational structure and process around operations. Beer believes if you have the right talent you can build success in healthcare. Beer believes he has put a good leadership team in place at Renovia and this is a big part of their early success. Beer’s approach is to build a successful leadership team and keep them focus on the overall long term vision
At the heart of the InnovaCare team would the CEO Rick Shinto and the COO/CAO Penelope Kokkinides. With these two individuals at the helm, this company continues to be dedicated to providing the best quality healthcare for people throughout the United States. InnovaCare primarily operates with individuals who are participating in the Medicare Advantage Plans and who need quality physician care plans. Rick Shinto and Penelope Kokkinides truly make a great team, and one of the main reasons for that would be because of their combined experience in previous positions.
First of all, Rick Shinto brings a wealth of experience to his current position. Before he became CEO of InnovaCare Health in 2012, he was CEO of Aveta, inc., joining them in 2008 and working in management. Dr. Shinto has also served as chief executive officer of MMM Healthcare and was the CMO and Operations Manager for Pathways Management Company. However, before he rose to his current positions in medical leadership, Dr. Shinto had started out as an internist and pulmonologist in Southern California.
Of course, Penelope Kokkinides has a resume that is every bit as impressive. Kokkinides has twenty years of experience working with government programs such as Medicare and Medicaid. She also worked as Chief Management Officer for Centerlight running the entire managed care division of the facility. She then graduated from that position to work as Touchstone Health as the head of operations. She also has held a position as a corporate VP for the care management and disease management area of AmeriChoice. Interestingly enough, she has held two stints within the InnovaCare health company. The first time she was chief operating officer and then she left for another position. When she returned, she became the new chief administrative officer of InnovaCare.
Dr. Shinto knows that he couldn’t effectively run the InnovaCare health team without the help of dedicated professionals like Penelope Kokkinides. He, himself, is also a dedicated professional, and he has won many awards during his career. One of the most memorable ones would have been the coveted Entrepreneur of the Year award, which he earned in 2012 just about taking on his present role at InnovaCare Health. With these two leaders, InnovaCare Health will continue to reach for the sky.
Baltimore City has recorded huge growth in the recent years. There have been excellent development in the real estate sector and infrastructure in general. This is a huge contrast to what was happening in the city a few years ago. The city had witnessed a decline in growth as many people who were living in the city were moving out of the city due to unfavorable living conditions. The ground has since shifted, and people are now moving into the city as there have been meaningful; development that has taken place and continues to take place in the city. The development has been not only instrumental in the real estate sector but also in other sectors of the economy such as business establishments.
The real estate sector is one sector that has witnessed very good improvement in the recent years. With the growing population in the city, the demand for new housing units has been at a record high. People want affordable housing units that are in line with the modern life, and that is why apartments have been in high demand. The life of the young generation is not similar to those of the old people who have been living in the city. This is a generation that has new taste for life and wants things that are modern and appealing.
The Baltimore city has seen an increase in development of businesses that favor the young generations such as restaurants. The businesses sector in the city has been doing very good now that there is ready market as well as skilled labor that is ready to exploit the opportunities that are available in the city. The young generation mainly composed of young professionals are likely to push the city to higher heights in terms of development. The economy of the city is expected to be better with more people now looking to enter the city to look for better business opportunities. Check out his about.me for more.
About Todd Lubar
Todd Lubar has been an investor in the real estate sector for a long time now. Todd has seen every step of the growth that is seen in the city of Baltimore and therefore knows very well what is happening in the city and the likely outcome of the recent developments. You can visit his Facebook to see more.
See more: http://inspirery.com/todd-lubar/
Being one of the top people on Wall Street is something that a lot of people hope to achieve in life. But the number of individuals that reach that position in their careers is far less. Brian Bonar is someone who can say that he has made it big on Wall Street, after all, he is one of the most prominent financial executives in the entire city. Brian Bonar currently heads a company that is known as Trucept, which is known for providing aid to entrepreneurs and businesses, helping them to grow and expand their businesses.
The company was formed with the intention of helping out people who are looking to widen the reach of their businesses. Trucept offers the clients coming to them a range of solutions which can help them achieve their goals and expand their markets. The company has some of the best financial advisors and investment agents on board to help these businesses and provide them with the assistance that they need. The consultants at the company are specially trained to gauge the interests of the clients who come to the company and provide them with a plan of action that will help them improve their finances and grow in a direction that they see fit. Trucept tries its best to cover all aspects and services that a client would need, even going beyond what most firms of its type offer. The organization offers some of the best solutions in an array of fields, right from financial analysis to risk management and brand building.
Brian Bonar was seen as an excellent fit for the company owing to the immense amount of expertise and experience he brings to the table. He was instrumental in the recent success that the firm has seen. He possesses lots of knowledge regarding the way businesses work and the financial matters that run them as well. Through the course of his career, Brian Bonar has offered his services to numerous clients and worked with a considerable number of companies. All of this experience has contributed to the position he is in today and the experience he brings along with him.
Before working for Trucept, Brian Bonar was a financial executive at Dalrada Financial Group. He was looked up to as one of the most beneficial assets of the company and brought great success to it. Through the course of his career at Dalrada, he was the recipient of numerous awards, as a result of his contributions to the field of finance. Brian Bonar was awarded as the Executive of the Year by Cambridge University, as part of their annual Who’s Who list. The award is one of the most prestigious honors in the financial field, and Brian Bonar was a perfect fit for the winner of such an award.
I have seen a lot of entrepreneurs start businesses over the years. There is one thing that all entrepreneurs have in common: they have failed at something. Most entrepreneurs are not so open about their failures. That is what I like about Marc Sparks. He has never been one to shy away from the failures that he has had in the business world. I feel like this is important. This is what gives a lot of people the chance to conquer their fears. It lets people that have failed realize that failure is not the end. Marc Sparks is the person that has made me realize that you can move on if you have not succeeded in one business.
I think that Sparks has become a powerful entrepreneur because he has strong faith. He ultimately believes that his faith in God will help him in any situation that he is in. Marc Sparks also believes that much is required from those that are given much. He has earned much, and that is why he has been giving back.
One great way that he has done this is through his Spark Tank contest. This is where he has entrepreneurs come together to compete for a $5,000 prize. They present their business ideas and compete against other socially conscious business minded entrepreneurs.
This is a pathway that has allowed people to get their businesses into the limelight. Even people that do not win the contest will still have the ability to gain exposure.According to GoodReads, that is what Marc Sparks has done. He has given people a platform that allows them to introduce their businesses to others.
Marc Sparks has been involved in businesses like real estate, media marketing, cell phone distribution and capital investments. I feel like he is an expert businessman that knows about a lot of different things. That can be a big thing for people that are looking for help. Sparks is able to provide advice for entrepreneurs from a plethora of different backgrounds.
The real estate investment can learn a couple of things from Sparks. He can also teach investors something if they are interested in putting money into insurance companies. He is a serial investment that has managed to stand his ground and keep himself humble. He has written books and started a blog. He gives advices freely to all of those that are seeking advice.
I think that this is something that can be very valuable for anyone that is trying to start a business. So many people have a good business idea. Many of them believe that they can just invest in the business with any additional help. Every investor can use the advice Spark provides.