Full-Time

R&D Engineer I

Catheters

Posted on 7/19/2024

Penumbra Inc

Penumbra Inc

1,001-5,000 employees

Develops medical devices for vascular conditions

Biotechnology
Healthcare

Compensation Overview

$80.3k - $104.8kAnnually

Entry

Alameda, CA, USA

Position requires onsite presence in Alameda, CA.

Category
Healthcare Administration & Support
Medical, Clinical & Veterinary
Required Skills
CAD
Requirements
  • A passion and knack for solving hands-on and multi-disciplinary technical design problems.
  • A portfolio demonstrating strong engineering acumen and mechanical intuition.
  • The ability to communicate complex issues in a clear and compelling manner, both in writing and orally.
  • A high level of organization with the ability to navigate multiple tasks with competing priority.
Responsibilities
  • Work collaboratively to design, prototype, and optimize meaningful medical devices that revolutionize treatment paradigms for a variety of challenging disease states.
  • Ensure that the medical device is in compliance with applicable regulatory requirements and quality control standards.
  • Create test protocols and conduct testing to mitigate clinical risk for a wide range of medical device concepts.
  • Develop clinically relevant benchtop models to simulate complex anatomy and disease states.
  • Coordinate with suppliers and other external resources to source components and refine component specifications.
  • Originate robust documentation, including CAD drawings, test protocols, test reports, studies, work instructions, etc.

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 specialized solutions for complex medical conditions and maintaining a strong commitment to 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

Total Funding

$116.7K

Headquarters

Alameda, California

Founded

2004

Growth & Insights
Headcount

6 month growth

1%

1 year growth

1%

2 year growth

1%
Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for minimally invasive procedures aligns with Penumbra's product offerings.
  • The global neurovascular devices market is projected to grow at 8.5% CAGR until 2030.
  • Penumbra's European launch of BMX81 and BMX96 expands its market presence.

What critics are saying

  • Recent layoffs in the Immersive Healthcare division may indicate financial strain.
  • The EMBOLIZE trial could divert resources from core product lines.
  • Regulatory challenges in Europe may impact sales of new products like BMX81 and BMX96.

What makes Penumbra Inc unique

  • Penumbra offers a comprehensive range of neuro and peripheral vascular devices.
  • The company focuses on innovative solutions for stroke and neurovascular disease treatment.
  • Penumbra's global presence spans North America, Europe, Asia, and Australia.

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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

INACTIVE