J

Johnson & Johnson

Makes prescription drugs and medical devices

Principal R&D Engineer - Balloon Technology, Shockwave

Full-TimeUpdated on 10/21/2026
$141k - $227.7k+ Annual performance bonus + Long-term incentive program
Expert
Bachelor's, Master's
Palo Alto, CA, USA+6 moreMore locations: Milpitas, CA, USA | San Francisco, CA, USA | San Jose, CA, USA | South San Francisco, CA, USA | Santa Clara, CA, USA | Mountain View, CA, USA
In Person
Biology & BiotechBiomedical Engineering & Medical Devices

About the job

Requirements
  • A Bachelor's degree in Mechanical Polymer Science or another relevant engineering or technical degree and 10 years of experience in the medical device industry, or a Master's degree and 8 years of experience in medical devices.
  • At least 3 years of experience in polymer product development, including balloon blow molding.
  • Knowledge of disposable peripheral and coronary device design, material selection, and testing.
  • A strong understanding of engineering materials, component selection, and design for reliability and manufacturability.
  • A proven track record in technology development and/or early-stage research and development, with the ability to plan and execute tasks toward a loosely defined research goal.
  • Proven project leadership skills.
  • The ability to operate independently and adapt to changing requirements.
  • The ability to manage multiple priorities in a fast-paced environment.
  • The employee may be required to lift objects up to 25 pounds.
Responsibilities
  • Provide technical leadership for projects, including managing technology development teams.
  • Design and develop products in compliance with the company’s Design Control requirements and applicable regulatory requirements.
  • Partner with Advanced R&D and PDP teams to translate finished-device requirements to the balloon component level.
  • Survey emerging technologies in balloon and polymer science and explore novel applications to support company strategic goals.
  • Identify practical ways to apply new balloon and polymer technologies to improve current and next-generation products.
  • Execute a long-term strategy with the Technologies Development Team to examine new designs, materials, and processing methods for next-generation balloon concepts.
  • Prototype and develop proof-of-concept designs, disease models, and test methods; test concepts in a simulated environment; and develop new product designs based on defined user needs.
  • Work with clinical and scientific advisors and Key Opinion Leaders to translate clinical needs into design solutions and use these resources to develop and optimize product design.
  • Analyze, evaluate, source, and coordinate procurement of new materials for prototyping and pilot operation, and maintain supplier relationships to ensure delivery of superior components and services.
  • Participate as a subject matter expert or core team member on product development teams managing projects from concept through commercialization.
  • Ensure proper documentation, including component and assembly drawings, consistent with the company’s quality system.
  • Plan activities consistent with the company’s quality policy and quality objectives.
  • Develop protocols and reports, and perform product in-vitro, in-vivo, verification, and validation testing.
  • Enhance the company’s intellectual property position through invention disclosures and patent applications.
  • Maintain current knowledge of competitive technologies and medical, technical, and biomedical developments related to the company’s products.
  • Support company goals and objectives, policies and procedures, Quality Systems, and FDA regulations.
  • Perform other duties as assigned.
Desired Qualifications
  • Previous experience managing cross-functional teams.
  • Proficiency in SOLIDWORKS and Design of Experiments.

About the company

Johnson & Johnson develops prescription medicines and makes medical devices for hospitals, and unlike most big drugmakers, it runs both businesses under one roof. In 2015, its Darzalex became the first antibody drug approved for multiple myeloma, a blood cancer. Its medicines treat cancer, immune diseases such as psoriasis, and mental illnesses such as depression, and patented drugs bring in most of its sales. Its MedTech unit makes heart pumps, catheters that treat irregular heartbeats, surgical sutures, and Acuvue contact lenses. It was founded in 1886 to make sterile surgical dressings, is based in New Brunswick, New Jersey, and spun off its consumer brands, such as Tylenol and Band-Aid, as Kenvue in 2023.

Company Size

10,001+

Company Stage

IPO

Headquarters

New Brunswick, New Jersey

Founded

1886

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Simplify's Take

What believers are saying

  • Cancer drugs drive growth: oncology sales rose 17% to $7.4 billion in the June 2026 quarter, 29% of the total.
  • Stock grants have gained value: J&J shares rose 58% in the year to September 2026, versus 23% for Pfizer.
  • Students have a way in: J&J listed 1,897 open jobs in October 2026, including 201 internships, co-ops and early-career roles.

What critics are saying

  • Its key immune drug trails: AbbVie's Skyrizi outsold Tremfya $5.5 billion to $2.0 billion in the June 2026 quarter.
  • Orthopedics is leaving J&J: in September 2026, it was negotiating a $20 billion sale to buyout firm Apollo.
  • Baby powder suits remain costly: in July 2026, J&J agreed to pay $5.5 billion to end about 76,000 cancer claims.

What makes Johnson & Johnson unique

  • Its debt is rated safer than America's: S&P's top AAA rating goes to only two US companies, J&J and Microsoft.
  • Employees rank above shareholders: J&J's 1943 Credo lists duties to patients, then staff and communities, with stockholders last.
  • Its psoriasis pill is a first: Icotyde, approved March 2026, blocks an immune signal rivals target only by injection.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Paid Vacation
  • Paid Sick Leave
  • Paid Holidays
  • Remote Work Options
  • Performance Bonus

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

-2%

2 year growth

-2%
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Johnson & Johnson and Amgen, two dividend stocks that have beaten the broader market this year, could suit investors bracing for a possible crash. J&J's latest quarter beat expectations, and it slightly raised its 2026 guidance. But its medtech unit is struggling, as demand for the Impella heart pump has fallen amid safety questions and a US Class 1 recall. Long-term, it has new drugs, a robotic surgery system approved in the US, and a proposed $5.5 billion talc settlement. It is a Dividend King with 64 straight years of payout increases. Amgen's second-quarter revenue rose 10% to $10.1 billion, despite pressure on Tavneos and falling denosumab sales. It has raised payouts 152% over a decade and offers a 2.3% forward yield, against 1.1% for the S&P 500.

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Oct 14th, 2026
J&J shares fall 6% as MedTech sales miss forecasts despite $25.4B revenue beat

Johnson & Johnson shares fell 6% after its medical device sales missed forecasts, even though third-quarter results beat estimates. Revenue was $25.4 billion, above the $25.37 billion expected. Adjusted earnings were $2.59 per share, $0.07 above estimates. MedTech sales rose 2.5% to $8.6 billion, below the $8.71 billion forecast, and marked a second straight quarterly miss. The company blamed the Middle East conflict, European austerity, and pricing pressure in China. Pharmaceutical sales rose 7.7% to $16.76 billion. Net earnings fell to $210 million from $2.12 a year earlier, hit by about $7 billion in talc settlement and deal costs. The company raised its full-year sales outlook to about $101.2 billion and said it is leaning toward spinning off its orthopedics unit, DePuy Synthes, by mid-2027.

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Johnson & Johnson's medtech sales rose 2.5% year over year to $8.64 billion in the third quarter, missing internal expectations. Growth has slowed for two quarters in a row, after rising more than 7% in the first quarter and last year's fourth quarter. The cardiovascular unit grew 4.3% to $2.31 billion. Its Abiomed business, bought in 2022 for $16.6 billion, fell 2.3% to $412 million. Tim Schmid, worldwide chairman of medtech, blamed lower patient volume after an unfavourable UK study of the Impella heart device. He called the setback temporary and said pressure also came from sales outside the US. J&J expects results from its PROTECT IV study of nearly 1,300 patients next year.

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US stock futures were mixed on Tuesday as investors weighed a wave of earnings reports. Dow futures rose 0.9%, S&P 500 futures slipped 0.1%, and Nasdaq futures fell 0.7%. Memory stocks fell for a second day after a Chinese chipmaker, CXMT, said it had made a breakthrough in memory chip production. Roundhill Memory ETF fell more than 5% in premarket trading. UnitedHealth rose more than 2% after it earned an adjusted $4.69 per share on $112.69 billion in revenue, beating estimates. It raised its full-year earnings outlook to at least $20.50 per share. Goldman Sachs gained more than 3% on strong results. JPMorgan Chase, Wells Fargo, and Citigroup fell short in parts of their reports. Johnson & Johnson fell 2% after $25.40 billion in sales narrowly missed estimates, though it raised its full-year forecasts.