Marc Beer to Head LumeNXT’s Board as Chairman

Marc Beer has been appointed the Chairman of the Board of LumeN XT, Inc. LumeNXT is a private company which develops proprietary surgical illumination products for minimally invasive surgeries. He has extensive development and commercialization experience in pharmaceuticals, biotechnology, diagnostics, and devices.

In a statement, Mr. Marc Beer said that he was proud to be working with dedicated team members. He works with highly successful group of engineers and surgeons who have been instrumental in the advancement of the surgical illumination field. He also highlighted how important the LumeN XT is in ensuring performance of safe surgeries. He finished by saying that he believes the importance of the LumeN XT platform will continue to grow as more minimally invasive surgeries are performed.

Surgeons who have used the targeted illumination have testified to the efficiency of the technology in enhancing precision, visualization, as well as flexibility during operations. In fact, it is more efficient that traditional techniques. LumeN XT brings a highly advanced illumination platform leveraged as a heat reduction to enhance surgical precision. It is also improves enhances visualization to increase safety during surgeries and improves low-cost disposable options.

According to the Co-Founder of LumeN XT, Paul Rhyne, Marc Beer has been highly successful in starting companies and guiding them throughout their growth. He also said that Mr. Beer’s experience in starting companies and helping them to rollout in a global scale will be highly valuable for his new company. He has led many startups along the path of profitability.

Currently, Mr. Beer serves as the Founder of Renovia, Inc., a women’s health startup. Prior to starting the startup, Beer was the Former Founding Chairman of Minerva Neurosciences Inc., a health company specialized in the development of treatment products for diseases related to the central nervous system. Minerva has been conducting several late-stage clinical trials and developing innovative therapeutic compounds for insomnia and mood disorders, schizophrenia, Parkinson’s disease, as well as major depressive disorders.

Prior to joining Minerva, Marc Beer held multiple leadership roles in the field of biopharmaceutical. In the roles, he was responsible for initiating various commercial launches to address rare disease on a global scale, Initial public offerings (IPOs), global growth, and many more. Some of the capacities Marc has held previously include Founding Chairman of the board of Good Start Genetics, Inc., Former CEO of ViaCell, Board of Directors of Erytech Pharma, Global Marketing Vice President at Genzyme, as well as multiple sales as well as marketing roles at Abbott Laboratories. Additionally, Marc Beer served as a member on the Biotechnology Industry Organization (BIO) Emerging Companies Section Governing Board and the Mass Life Science Board of the Commonwealth of Massachusetts. He attended Miami University where he graduated from with a Bachelor of Science in Business, an education background which prepared him immensely for the roles he held later in his career.

“Eliminating Burn Out from Your Business “

Cases of burnout in the work environment have been too many in our days. Many cases of burn out are associated with work-related stress. Stress can take a toll on someone especially when they have to balance between personal life and work duties. It is therefore important to pay attention to some of the warning signs that you are likely to fall into burnout. Taking action can help you cover the adverse effects of burnout and recover on time to gain sufficient motivation to get back on track. As an employer, you need to be on the lookout for employees who may have these signs. If your employees are not performing to the full potential, your business is in jeopardy. Therefore realizing the problem and helping them to recover on time is a great advantage to the growth of your business. So, what should you look out for in your employees?

Loss of control

If you spot some of your employees are unable to keep control of their schedule, they might be going through burn out. Many people who experience challenges with meeting the scheduled timelines are likely to feel hopeless and are at high risk of suffering major burnout. It is therefore important to ensure that your employees have flexible structures that allow them to accomplish their responsibilities in ample time. It is important to encourage your employees to take breaks so that they can look into the daily programs and see what can be achieved and what cannot.

Transparency

Another common cause of burnout in a work environment is a lack of transparency from the top management. In many cases, the upper management will make decisions that affect the employees without consulting them. Some decisions related to promotions and compensation have a high probability of demotivating some employees if they feel to have been discriminated. As leader of a business, you need to have candid and honest conversations with your employees before communicating any decision. It is proper to ensure that they feel like part of the organization by involving them in decision making.

Paul Saunders

Paul Saunders is the founder, chairman, and CEO of James River Plate Corp. He holds a B.A from the University of Virginia and an MBA from the University of Chicago. From a young age, he was interested in the finance industry, and that is why he pursued an education in that line. His career began in the investment banking sector, but he later switched to investment and trading. His first job was at Warburg Paribas Becker.

James River Capital Corp.

James River Capital Corp. was founded in 1996 and currently serves as an investment advisor and commodity trading advisor. The company provides services and expertise on equity strategies, corporate credit, fixed income arbitrage and more. Learn more: https://vimeo.com/272365860