Interview with Nitin Khanna – CEO of MergerTech

Nitin Khanna is a businessman who has a degree in Industrial Engineering from Purdue University and has his own company called MergerTech, which serves clients for financial advice and assistance. Before that he owned a company called Saber Corp, although sold it after growing it tremendously and got involved in the Cannabis industry with Cura Cannabis located in Oregon. It is clear that Nitin Khanna has a lot of experience as a businessman, having built many successful companies and is a fan of both movies and wine.

The interview with Ideamensch starts off with Nitin Khanna speaking about how he started MergerTech off of his passion and confidence having worked for Saber Corp prior. A typical day for the businessman involves meeting with clients, working on various projects, and setting aside time to be with his family. Although Nitin Khanna believes that communication is important, he also lists that managing a business and keeping it above water is more pressing. The individual is most interested in the future of social media as he believes in today’s time that it holds a substantial amount of value to a business’s growth and value. He states in the interview that his interest, ability to adapt and his willingness to play off of his biggest strengths make him who he is. If he could speak to his younger self he would have told him to stay calm, be patient, and work hard as he believes that success doesn’t happen overnight but is a culmination of everything somebody can manage. Click on this link to read what Nitin said during the interview.

Nitin Khanna believes that planning a schedule can be a big help in business as his staff at MergerTech uses to do lists to tackle objectives for the day and Khanna credits learning from the right people as a big stepping stone for upcoming entrepreneurs. He also believes that spreading the word and fostering good relationships with clients as being helpful. One book that he recommends people to read is “The Theory of Investment Value” that has a lot of insight into business and one service that he loves to use is LivePlan.

Read about Nitin’s success story https://digitalmode.net/2019/02/18/nitin-khanna-tech-investor-success/

Mark Beer Renovia Inc. CEO

Mack Beer is a very experienced man in commercialisation and development of pharmaceuticals, devices, biotechnology, and diagnostics. He had over 25 years in the field and founded Renovia company together with Ramon Iglesias, Yolanda Lorie and MD in 2016. The company deals with lending capital funds to health care ventures.

 

In 2000 Mack Beer became the CEO of NASDAQ; VIAC which is a biotechnology company and specialises in preservation, collection and development of blood stem cells for the umbilical cord. Under his leadership, he grew the company from the start to rapidly growing and robust organisation it is today. The company has over 300 employees; it was later acquired by PerkinElmer in 2007.

 

Before becoming CEO to big organisations, Mack held different positions in his career. While CEO at ViaCell he was also serving in the board of directors at Erytec pharmaceuticals which is a public company.

 

In Genzyme, he was the vice president of global marketing. Here, he was in charge of the commercial launch of many products addressing many rare diseases around the globe. He also served in a marketing and sales position at Abbott Laboratories; Marc was also a member of Mass Life Science at commonwealth.

 

Renovia Inc. will be making new products dealing with pelvic floor disorder; the company just closed a $32 million Series B deal on Tuesday and addition of venture debt worth $10 million. The company is developing several therapeutical and diagnostic products to aid in the better treatment of pelvic floor disorders such as urinary incontinence which is common among women. Renovia had their first product in this line approved by the FDA in April.

 

Urinary incontinence is a rare type of pelvic floor disease that affects mostly women. Currently, over $250 million women around the world suffer from this disorder. Therefore, there is need for more awareness of this disorder and also better medication and better diagnostics.

 

Longwood fund, which is an investment firm that primarily focuses on health-care had invested earlier in Renovia; recently the company has joined series B round which is led by Perspective Advisers a New York-based company and Missouri-Ascension Ventures. This funding will be used for development and testing of their four new diagnostic and therapeutic products, which includes the generation of a new Leva device.

 

Mack Beer expressed his appreciation for the new support in the venture to better the diagnoses and treatment of pelvic floor disorders and hence save the lives of many women around the world. According to Marc, the combination of the two innovation and technology will help to develop a digital health programme that will provide customers with valuable data and information about new and available treatment options; this will help to drive understanding of this disorders and hence lower the healthcare cost in the long run. Learn more: https://www.bizjournals.com/boston/potmsearch/detail/submission/6457372/Marc_Beer

 

“Marc Beer Pioneering the Biotech Industry “

Marc Beer is the Chief Executive Officer of Renovia Inc. It is a pharmaceutical firm based in Boston. The firm is trying to develop a treatment for pelvic floor disorder. The disease like urinary infections affects a large percentage of women worldwide. Marc Beer founded Renovia Inc. and some of his associates. Marc Beer invested $32 million for use in coming up with new drugs for the treatment. Renovia Inc. is developing equipment and diagnosis that can be used to treat pelvic floor disorder. The firm came up with the first health care product, Leva to be used to diagnose the disease. The product got approved by the FDA a few months after it was released. Marc believes that with the correct diagnosis they can help millions of women.

Several therapeutic firms are coming together to help Renovia Inc. in developing a cure. One of these firms is the Longwood Fund that had initially invested in Renovia. Longwood Fund is an investment firm that only deals with medical institutions. Missouri-based Ascension Ventures and the New York Perspective Advisors lead the series B financing firms. The firms are funding the research on four new drugs for the treatment of pelvic floor disorder and would even like to make an upgrade of the Leva drug. Marc is delighted to be getting support from other therapeutic firms that are concerned with women’s health. The other firms are sharing the same vision as Renovia. Renova’s vision is to cure as many women as they can.

 

Marc believes that through combining ideas and technological equipment coming up with a cure will not be as difficult as it was initially. Marc is creating a platform that gives individuals a better understanding of pelvic floor disorder; its treatment options and affordable prices for patients that would like to get treatment. Marc Beer is not only the founder and CEO of Renovia Inc. but has also founded several other firms. In 2000 he founded ViaCell, a firm that collects, preserves and studies the umbilical cord stem blood cells. He led the coming to success by ensuring that there were continuous growth and profit margins.

 

Through Marc Beer’s management, the company has grown tremendously creating employment opportunities. ViaCell became publicized in 2005, and currently, PerkinElmer manages the firm. Marc is among the board of directors of various firms. He helps in making agreements on important decisions and even creates growth strategies for firms. He has worked with Genzyme and is currently working with Global Marketing as the Vice President. His principal role is to announce the launch of new products for the cure of significant diseases. Marc is also among the committee members for pharmaceutical firms that discuss significant health-related problems. Learn more: https://www.crunchbase.com/person/marc-beer