Penumbra Inc

Penumbra Inc

Develops medical devices for vascular conditions

About

Company Historically Provides H1B Sponsorship

Penumbra Inc. specializes in creating medical devices aimed at treating neurovascular and peripheral vascular conditions. Their products include a variety of devices for neuro interventions, such as the Penumbra System and the Penumbra SMART COIL, which are used to address issues like stroke. For peripheral vascular diseases, they offer the Indigo System and related devices. These products are designed to assist healthcare professionals in hospitals and clinics, primarily in Europe and the Americas. Penumbra differentiates itself from competitors by focusing on advanced solutions tailored for specific medical needs and by investing in ongoing research and development to enhance their offerings. The company's goal is to provide effective medical devices that improve patient outcomes in the fields of neurology and vascular surgery.

Company Stage

IPO

Employees

1,001-5,000

Industries

Biotechnology, Healthcare

Total Funding

$116.7K

Headquarters

Alameda, California

Founded

2004


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Simplify's Take

What believers are saying

  • Growing demand for minimally invasive procedures aligns with Penumbra's catheter technologies.
  • Expansion in emerging markets offers new growth opportunities for Penumbra.
  • Integration of AI in medical devices presents innovation opportunities for Penumbra.

What critics are saying

  • Layoffs in Immersive Healthcare may indicate financial strain or strategic shifts.
  • Resource diversion to EMBOLIZE trial could impact core product focus.
  • Regulatory challenges in Europe may affect BMX81 and BMX96 sales.

What makes Penumbra Inc unique

  • Penumbra specializes in neurovascular and peripheral vascular medical devices.
  • The company offers innovative solutions for stroke and neurovascular disease treatment.
  • Penumbra's global reach includes markets in Europe, Americas, Asia, and Australia.

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Growth & Insights
Headcount

6 month growth

1%

1 year growth

1%

2 year growth

1%

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Parental Leave

Paid Vacation

Paid Sick Leave

Paid Holidays

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