Raising money for research purposes has always been the way to go for those seeking to bring better ways of health and longevity to those in need of such help. Marc Beer, a co-founder of the startup Renovia Inc., has done just that. Raising $42 million is the amount raised for this new venture. Just what is the research and how does it help those in need?
Renovia Inc is a women’s health company, and Marc Beer has over 25 years of experience in the biotech industry. Who is a better person to lead a round of funding than an individual with a proven track record of success and deep history in the pharmaceutical field? The money raised will go towards the development of four newer products aimed at treating pelvic disorders and other such ailments in women. Pelvic disorders affect many women worldwide, in fact, more than 200 million women are affected by disorders across the globe.
Marc Beer has a deep history that is not overlooked by investors. This is the reason he was successful at raising capital to fund this new line of research. Renovia’s first product, Leva, was approved by the FDA earlier this year in April. The funding recently raised by Marc Beer will also improve upon the Leva device in ways that will better assist those who need it. Lowering the cost of health care over the long run is also a goal of Renovia. This goal is reached by presenting new treatment options for patients as well as greater knowledge of pelvic disorders. These are a few ways Renovia plan on making the fight against pelvic disorders successful.
Having a background in the commercialization and development field has given Marc Beer a clear advantage amongst his peers. Marc, Ramon Iglesias, and Yolanda Lorie founded Renovia in 2016. This is the trio that was successful in receiving the necessary funding to press forward in research and development methods for the battle against pelvic disorders. Marc serves with the Miami University Business Advisory Council and holds a BS from the University of Miami (Ohio). With a history of research and development, Marc has dedicated his life to various companies and ha continued to set a fine example of what an executive is supposed to represent when leading a company.
Many more pages can be written of the benefits of having an individual such as Marc Beer on board as a leading member of any company, and his continued research and development will not go unnoticed by the world at large. With more and more cases of pelvic disorders coming forth, better treatments were sure to arise as well. Thanks to Renovia, that solution is not far off. Learn more : https://www.slideshare.net/MarcBeer