“Reasons Why Investors Invested in Marc Beers Vision “
Pelvic floor disorders are one of the most dangerous reproduction disorders if left untreated. Marc Beer is, however, one of the few professionals that are rewriting this reality by investing and in alternative ways to treat reproduction disorders. Late last year, Beer was able to raise more money for this important cause. He was able to raise 10 million dollars as a venture debt and an addition of 32 million dollars.
According to Renovia management, the funding was timely, and it will help the company to design and produce futuristic medication for people suffering from all types of pelvic floor disorders. However, this will not be the first product by this company, but it will be a perfect continuation of the company’s tradition in making the best products.
Investors in the medical world believe in consistency, which Mark Beer has shown through this company. Early last year, Renovia was one of the few companies that the FDA approved their products. According to the management of this company, Leva was their first major product and approval by FDA is a perfect illustration that the company is not only innovative but it also operates under the relevant medical rules.
This approval was one of the reasons why investors trusted Marc Beer’s dream. According to Beer, the project aims at helping over 250 million women who have different complications (pelvic disorders) around the world.
Another angle investors use to evaluate such a major project is ‘if the company has the capacity’. Renovia is a hub for the best innovators and researchers in the world of medicine. Marc Beer believes that having the best human resource, especially in the form of researchers is key in being a competitive company.
In the past 24 months, Beer has brought Samantha Pulliam to the team as well as José Bohorquez, PhD. The two are experts in their respective fields and apart from being highly educated; they have been in this market niche for years. The collection of these professionals was enough evidence that Renovia has the capacity and the necessary resources to provide medication to the 250 million women.
However, the biggest reason why investors were willing to put their resources on this project was Marc Beer’s resume. In the last two and a half decades, he has revolutionized both the biotechnology and pharmaceutical world through his innovative projects. Beer is one of the few investors in the medical world that have worked for different companies under different capacities.
Working for different companies has given him unmatched experience. However, Beer believes that his redefining moment in his career is when he joined hands with the talented Yolanda Lorié and the visionary Ramon Iglesias to create this entity. In this entity, he is not only the CEO and the chair but also a mentor to young professionals in Renovia. Learn more: https://ideamensch.com/marc-beer/