CEO Marc Beer Describes What His Company Plans To Do After Its Series B Funding Round

Marc Beer has been working in the pharmaceutical industry ever since graduating from college at Miami University in 1987. His core skills include managing people and developing devices and diagnostics to treat illnesses and disorders. He co-founded Renovia Inc. in August 2016 and is this firm’s chief executive officer and chairman of the board of directors. Other positions he currently holds are chairman of the board of directors at Good Start Genetics and at Minerva Neurosciences.

Renovia, a pharmaceutical startup, just held its Series B round. Marc Beer says that they raised $32 million from this and in a separate transaction raised another $10 million that is secured by debt in his company. Three main venture capital firms took part in this round which included one of their earliest investors, Longwood Fund. The other two major investment firms included Missouri’s Ascension Fund and New York’s Perceptive Advisors.

The money that was raised will be used in a few different ways. Leva is a product from Renovia which is a medical device which teaches women how to do pelvic training. It is for women who have a pelvic floor disorder, an affliction that is estimated to affect 250 women worldwide. They use this device and its accompanying mobile app to improve their pelvic strength by doing Kegels exercises. The money raised will be used to improve this device and also develop four other devices they are interested in introducing to the market.

Marc Beer says that pelvic floor disorders result in a number of negative consequences for women. These disorders involve the bladder, uterus, and bowel either individually or collectively “falling” down on top of the vagina. What this disorder can cause includes incontinence when it comes to the bladder and bowels, pelvic pain, pelvic organ prolapse, and dyssynergia among other conditions.

Outside of Restoria, Minerva, and Good Start Genetics, Marc Beer is involved in the business community in a number of ways. He serves on his alma mater’s Business Advisory Council, for instance. He has also served on Notre Dame’s Research and Commercialization Advisory Committee and its Graduate Studies Research and Advisory Council among other positions. Learn more: https://www.crunchbase.com/person/marc-beer

 

Ted Bauman Explains the History of Labor Day

Ted Bauman explains that the history of Labor Day is not as simple as many people think it is. It is not just about celebrating the labor movement and the commitment of many Americans to go work. It is a lot more than that, and it has a darker side, but it still should provide everyone with a glimmer of hope.

After the Civil War, the economy in the United States blossomed and grew. This was the industrial age, and many people left their farms and cotton fields in order to go work in large factories and mines. The only problem was that there were great monopolies that were able to take advantage of workers.

The Pullman company was one of them. What many people may not know about this company is that they built an entire city for their workers, called Pullman, near Chicago. Visit crunchbase.com to know more.

What they did was that they said that all their workers should live in the city, but they did not let anyone buy any property. Instead, they all had to rent it from the Pullman company. What Pullman later did was lower the wages for all of the workers while not lowering the rent and the costs of utilities. In other words, he was easily able to create a monopoly and take advantage of people. Debs was a famous union leader who organized the unhappy workers, and they started to strike. In the end, two hundred and fifty thousand workers went on strike. They stopped a large portion of the railroad operations.

President Cleveland wanted to find a way to end the strike. Unfortunately, he charged the Attorney General with the task, who called in the United States army to oppress the workers. They shot thirty workers and wounded many more. Of course, there was outrage about all of this, and so President Cleveland started Labor Day in order to reassure workers.

Ted Bauman explains that our situation today has many problems as well. We still have large monopolies who take advantage of smaller competitors. We need to learn our history and not make the same mistakes that were made then. We can make our country great again by learning from our mistakes and not repeating them.

Ted Bauman is a well known financial journalist. He is the editor of The Bauman Letter, and he writes about financial news and investing.

Learn more: https://stocktwits.com/tedbauman

The Effort of D.r Scott Rocklage in Medical Reseach

D.r Scott Rocklage is a learned professional who has acquired several education levels and worked for several firms. He has worked for the Cubist Pharmaceuticals where he held the positions of being the president and the CEO at the same time. His efforts have made remarkable impacts on many individuals as he has successfully made many drug candidates in the trial to participate the clinical trials which have helped them shape their lives back to normal.

Not only the above-mentioned firm, but he had also worked for Nycomed Salutar, heading the firm as the chair and the CEO, sometime before he was also the board chair of the Relypsa firm. His jobs are multiple because right now, Dr. Scott Rocklage heads the board of Cidara, Rennovia as the Chairman. Several other firms where he is also a member of the board includes Pulmatrix and Epirus. To head all these firm is not easy and must have come from the knowledge he has acquired through learning in various institutions. He has a B.S in chemistry from California, a Ph.D. from MIT. During his studies in the MIT, he was able to conduct research that led him to win the Nobel for chemistry in the year 2005.

Scott Rocklage owns a personal business, the venture capital which is purely a science-based firm. He states that he loves studying to find out new ideas and areas which have not been explored and also working with management of the portfolio companies to ensure that the active their goals through sharing and implementing the ideas. He usually involves working with physicians, executives of various medical businesses and scientist to work on the great ideas that will enable them to invent medications to curb the new infections arising every day and those infections whose medication have not been found yet. Learn more: https://www.crunchbase.com/person/scott-m-rocklage

He was involved in the research that helped the medical professionals dealing with cancer to be able to target the specific genotypes or the mutations in cancer DNA pattern that helped the establishment of various cancer treatment methods. Scott Rocklage expresses more concerns and educating people that when you want to become an entrepreneur, you have to focus on your people and the team you work with.