Marc Beer is a successful businessman who heads the Renovia Inc. startup company as the CEO and co-founder. The company is set to launch a diverse number of new products that will be used in the treatment of pelvic floor disorder after it managed to raise a total of $42 million through Beer’s efforts. Renovia Inc. which is based in Boston seeks to develop a variety of the said products to be used in diagnostic and therapeutic procedures in pelvic floor disorder treatments in cases such as urinary incontinence among others. What’s more, with the launch of the new products will see the treatment of the pelvic floor disorders being of benefit to an estimated number of more than 250 million women in the world. Equally important, one of Renovia’s pioneer products known as Leva has already been approved by the FDA.
Further, the Long Wood Fund, an investment firm that specializes in the health sector is also part of the Series B round where it was preceded by the Perceptive Advisors Organization in New York and Ascension Ventures in Missouri. Furthermore, the funds collected will go a long way in the creation and development of four other diagnostic and therapeutic products that will include an improved Leva device. Marc Beer, the CEO of the Renovia said in a statement that the company was delighted to have some of the top healthcare investors supporting them besides sharing their vision of forming solutions for women with pelvic floor disorders. He added that with the teaming up of the given organizations, would stir innovation and technologies to help establish better digital platforms essential during the treatment options. Moreover, the new technologies will ultimately increase more information and understating in dealing with pelvic floor disorders and the general lowering of health costs.
About Marc Beer’s Career
As one of the respected businessman supporting a vital section in women’s health, Marc Beer has served in various capacities in the healthcare sector that include diagnostic, biotechnology and pharmaceutical industries. Also, with over 25 years of experience in the healthcare market place, his main are area of specialization has been in the development and commercialization of the above digital healthcare platforms. Having worked in several other companies, his latest achievement is when he co-founded Renovia alongside his partners Yolanda Lorie and Ramon Iglesias, who is the MD of the firm in 2016. Notably, it was shortly after starting the company, that Renovia Inc. began by closing the Series A financing when they combined efforts with some of the top healthcare ventures in the market. Other than that, Marc Beer has been in the frontline of making discoveries in the healthcare industry where such an example is when he was responsible for marketing JUXTAPID drug that received approval in more than 30 counties. Learn more: https://www.bizjournals.com/boston/news/2018/08/21/ex-aegerion-chief-beer-raises-42m-for-womens.html
Nitin Khanna is a successful business person. As the chief executive officer and founder of MergerTech, he has been gaining popularity over the years. He has utilized his business acumen to form a corporation that will offer assistance to various firms by helping them to capitalize on their outcome. Through his knowledge about mergers and acquisitions, he has been able to ensure that these companies can have a financial acquirer that suits them.
Nitin Khanna resides in Portland. He also undertook his higher education studies at the Purdue University. Throughout his employment period, he has worked for various renowned corporations. In 1998, he also co-founded the Saber Corp. His input led to the profound growth of the firm. The firm became one of the leading providers of government solutions. The value of Saber Corp. also grew to $120MM. EDS later acquired the corporation for $460MM. Nitin Khanna was still in charge of the company even after the acquisition.
While at Saber Corp., Nitin Khanna also oversaw more than eight mergers and acquisitions. The experience that he gained through this period came in handy, and it aided him in the foundation of MergerTech. The firm was founded in 2009. As the CEO, he was in charge of ensuring that all the clients seeking the services of MergerTech would have access to suitable advice about mergers and acquisitions. Since the company’s inception, Nitin Khanna has played a significant role in ensuring that MergerTech has had a stable growth curve. He has also played a huge role in client development efforts. Additionally, he has been working at the negotiation adviser within the firm.
Nitin Khanna also serves as a board member of Vendscreen, Freewire Broadband, and Classic Wines Auction. Recently, Nitin has also been involved in the legalization of the recreational and medical cannabis sector. This industry is worth more than $100BB. In 2015, Nitin founded Cura Cannabis. Today, this company serves as the largest provider of cannabis oil in Oregon. See more about Cura Cannabis here https://medium.com/@NitinKhannaCeo/nitin-khanna-riding-the-cannabis-wave-with-cura-cannabis-solutions-9fcf612ee529. While at Saber Corp, he oversaw various mergers and acquisitions deals and that is how he gained more interest in the sector thus leading to the formation of MergerTech. He also ensures that he is knowledgeable about the essential aspects of his company daily.
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Krishen Iyer is based out of around Carlsbad, California and is an experienced entrepreneur who founded Managed Benefits Services in 2016 and currently serves as their Chief Executive officer. Medical and dental insurance can sometimes be confusing products to market, but Managed Benefits Services is known for their proven track results of driving traffic and potential customers to their clients’ online sites and social media.
Krishen Iyer knows that health care insurance companies throughout the United States sometimes face many of the same problems when it comes to marketing as the local companies in Carlsbad, CA. Many companies underestimate just how big of an impact proper online marketing could have on their company and they don’t dedicate the amount of time and resources to make sure that it is being executed properly in order to impact current and potential customers in the most effective way.
While there have been many incidents of companies finding themselves in hot water based on how their online marketing information was obtained and what they did with this, Krishen Iyer believes that these issues can be avoided if they are approached correctly. It’s important to be transparent about how the information was gathered to target your marketing and what your company may do with any data that they may collect during your online interactions. It’s also important to consider your customer base and to keep evolving with the different marketing trends that are in use today.
Location-based marketing can have a big impact on your customer base, but Krishen Iyer states that it might not be something that every business should implement based on the feelings of some consumers towards the practice. About a quarter of smartphone users turn off their location services and about half of all smartphone users don’t like the fact that their phones save their location data and make it available to some apps and sites. There are a lot of factors Krishen Iyer states should be considered before using this type of marketing, but it could help your Carlsbad business grow and allow you to reach the customers that you need. Read more on Krishen’s marketing strategies here.
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Marc Beer is a well-accomplished individual that has currently taken to biotech and pharmaceutical pursuits. Just two years ago, Marc Beer started off the company Renovia along with two colleagues of his, which is focused on research and developing treatments for women all over the world. In the latest series of funding conducted by Marc Beer at Renovia, they managed to get more than 40 million dollars to go towards new research and the development of new treatments for pelvic floor disorders, which currently afflicts more than 250 million women across the world. Marc Beer is dedicated to his mission to help people around the world through his knowledge and discovery and Renovia is his first true legitimate display of that.
The funding for Renovia has come from various sources since the company first started up, though in the last series of funding the majority of the money came from investors that want to help the healthcare industry. Roughly 10 million dollars of funding came from debt financing as part of the deal. Various other healthcare organizations have expressed interest and invested in Renovia since it first started, including OSF Ventures, Longwood Fund, Western Technology Investment, and Ascension Ventures. Renovia is currently based out of Boston in the United States and in the past two years since it first started, it has gained tremendous traction throughout the region.
Since 2016, Renovia has managed to get the approval of one drug for treating pelvic floor disorders in women known as Leva. The FDA approved this drug without any hassle at all and it will be the first line for treating women with pelvic floor disorders. Leva also uses technology to check urinary tissues inside of the body to see what kind of responses they have normally and with the drug.
Marc beer is more than Renovia’s founder, he is also the current Chief Executive Officer and chairman of the board at the company. Marc has spent more than two decades moving in an out of the biotech industry, focusing on development, research, commercialization, and more. On top of his successful career as an entrepreneur, businessman, and healthcare enthusiast, Marc is a dedicated husband and father. Learn more: https://www.businesswire.com/news/home/20180821005199/en/Renovia-Completes-42.3-Million-Series-Financing