In August 2018, Marc Beer the CEO of Renovia Inc. oversaw the Series B round of funding for his startup. A total of $42 million was raised in this period. $10 million was collected from the venture debt while the remaining $32 million came from investors. All the proceeds will go towards enhancing the fight against pelvic floor disorders. A number of new products were lined up and this was the perfect opportunity to invest in them.
Urinary incontinence is one of the pelvic floor disorders that are giving women a hard time. According to reports from researchers, close to 250 million women all over the world have to deal with such disorders. Renovia has stepped up its diagnostic and therapeutic efforts against the disorders with the development of new products. Their first big break came in April when the FDA gave Leva, their first product, the green light.
Perceptive Advisors and Ascension Ventures spearheaded the Series B round for the Boston based company. The Longwood Fund also invested in the medtech firm. They had done the same during the first round of funding and have made a name for putting their money in different healthcare causes. Renovia Inc. had four new products in mind which the funds would finance. The second generation of the Leva device was part of the therapeutic and diagnostic products in the pipeline.
The three investment firms are among the best in the healthcare industry and Marc Beer was proud to join hands with them. He mentioned that they share a common vision to enhance the lives of patients living with pelvic floor disorders. Better diagnosis and treatment tools would go a long way in achieving this goal according to Renovia’s CEO.
The firm also intended to make good use of their ingenious sensor technologies in their efforts. Valuable data will be collected when the technology is combined with digital health platforms. Physicians and healthcare givers will in turn make more informed decisions as they handle patients with these disorders. The healthcare costs are bound to go down while the overall life of the patients will be enhanced. Learn more: https://ideamensch.com/marc-beer/
Marc Beer is well-seasoned in the biotechnology and pharmaceutical industries. Renovia saw the light of day two years ago when he teamed up with Yolanda Lorie, Ramon Iglesias and MD. Their Series A funding came from a consortium of venture capital funds that have an inclination towards the healthcare system.
He had previously established ViaCell back in 2000. The biotechnology firm was heavily involved with blood stem cells and seven years after it was founded, PerkinElmer acquired it. Marc Beer’s illustrious career also involved a stint at Genzyme as well as a board membership position at Erytech Pharma. Abbott Laboratories were his first employers and he spent much of his time there juggling a number of sales and marketing roles.
Papa John’s have one message to its customers,
they expected more from Papa John’s and so they did. The company revealed that
on a video it posted online, the first advertisement campaign since Steve Ritchie joined the company as CEO.
Steve Ritchie wrote an open letter to customers
in addition to the campaign to inform them on the efforts the company has put
to come back on track after some disappointing events that reduced its sales.
Papa John’s has registered low sales over the past say one year. According to
the company’s CEO, Papa John’s has rolled out ‘unconscious bias training’
program for employees across the country.
In the open letter, Steve Ritchie also said that
its diversity and inclusion practices auditing are underway and recommendations
are expected soon. Ritchie embarked on a journey traveling through Los Angeles,
Atlanta, Detroit, Chicago, and Dallas in a listening tour tailored to establish the views of Papa John’s employees and franchisees on
how the company can do better.
Ritchie stated that the company has put together
an advisory group made up of reputable equity, diversity and inclusion experts
who will help in brand guidance. He is also committed to diversify the
company’s leadership team.
Steve Ritchie has over 25
years of experience in the pizza business. He has been interested in the
business because pizza brings people together. He found a home in Papa John’s
because it brings together many people from all walks of life to spread love
through tasteful and nutritious pizza. They believe in fairness, equity,
opportunity and respect. They value their people and people are core to the
company’s business. He has worked hard since he joined the company in January
to realize their values and his efforts have met unwavering support from his
He revealed in his social
media accounts that he has endeavored
to listen to the companies’ employees and customers. He registers their anger,
hurt and disappointments and he is now looking into reforming the company to
help it build its name going forward. Ritchie is forming a foundation that will
bring together the divided people and celebrate those who rejoice in unity.
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If you need to charge on the go, you’ll love the SB bags fully equipped external USB port to keep all your devices at 100. Coming in two colors, light pink and gray, you can backpack through Europe in style and safety knowing that you have an indescribable shield on your back.
A NewsWatch TV Brief:
For over two decades, NewsWatch TV has been covering everything from the latest electronic gadgets, health, travel, general consumer review news, entertainment and interviews with the hottest celebrities. Celebrities and pro athletes interviewed include: Jenifer Lawrence, Chris Prat, Joe Montana, and Jeff Burton. Since April 2011, the TV series which airs on AMC and ION Television networks has made tech news its focus. That same year, the company launched its consumer reviews segment which brings paid product reviews of the latest tech gadgets.
With technology blowing up, NewsWatch TV had made this their new niche. And in May of 2012, they launched the now highly popular segment AppWatch. Where the latest mobile apps for Android, Apple and Windows are reviewed. NewsWatch TV has won numerous awards such as the Gold and Platinum 2017 Macromm Awards, and the National 2017 Videographer Award. With the company keeping up with the latest trends in technology, the future for NewsWatch TV lies within social media. A future that will only get brighter over time.
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