Full-Time

Life Sciences Counsel

Confirmed live in the last 24 hours

Penumbra Inc

Penumbra Inc

1,001-5,000 employees

Develops medical devices for vascular conditions

Biotechnology
Healthcare

Compensation Overview

$161k - $220kAnnually

+ Competitive Compensation Package + Equity Program

Senior

Alameda, CA, USA

Position requires onsite presence in Alameda, CA.

Category
Legal
Risk & Compliance
Legal & Compliance
Required Skills
Word/Pages/Docs
PowerPoint/Keynote/Slides
Requirements
  • Juris Doctorate and membership with the California Bar, or at least one other state’s bar, and the ability to obtain registered in-house counsel status with 6+ years of experience, or equivalent combination of education and experience
  • 6+ years of relevant legal experience, with at least 4+ years of experience advising on clinical contracting and/or regulatory matters in-house
  • Medical device, pharmaceutical, biotech, or other regulated industry experience strongly desired
  • Sound judgment; demonstrated analytical, oral, and written communication abilities; and excellent interpersonal skills
  • Experience in advising clients and/or internal business departments on relevant regulatory and healthcare compliance-related issues, including Anti-Kickback Statute, False Claims Act and current FDA and OIG guidance
  • High degree of accuracy and attention to detail
  • Proficiency with MS Word, Excel, and PowerPoint
  • Proven ability to prioritize assignments while handling various initiatives and projects simultaneously
Responsibilities
  • Provide strategic advice, legal direction, and training on applicable laws and regulations related to the advertising and promotion of medical devices; offer regular updates to key stakeholders as relevant regulatory authorities update guidance and as enforcement activities develop.
  • Support all legal aspects of clinical trial programs, including assessment of related risks and creation of efficiencies across clinical trial programs.
  • Provide pragmatic, business-oriented advice to Company management and key department stakeholders, including close coordination with Sales and Marketing, Regulatory, Clinical Research and Finance.
  • Review and negotiate a variety of contracts, including vendor agreements, regulatory service agreements and clinical trial agreements.
  • Partner with Legal Operations and Privacy teams to ensure all relevant issues are addressed consistently and to continue fostering efficiencies across the department.
  • Work closely with a collaborative team of paralegals, contract specialists and administrators professionals in the day-to-day contract drafting and negotiation process, adding to a positive and productive working team dynamic.
  • Help to shape and continuously improve contract templates and playbooks.
  • Adhere to the Company’s Quality Management System (QMS) as well as domestic and global quality system regulations, standards, and procedures.
  • Understand relevant security, privacy and compliance principles and adhere to the regulations, standards, and procedures that are applicable to the Company.
  • Ensure other members of the department follow the QMS, regulations, standards, and procedures.
  • Perform other work-related duties as assigned.

Penumbra Inc. specializes in creating medical devices aimed at treating neurovascular and peripheral vascular conditions. Their products, such as the Penumbra System and the Indigo System, are designed to assist healthcare professionals in addressing issues like stroke and other vascular diseases. These devices work by providing advanced tools for interventions in neurology and vascular surgery, allowing for effective treatment options. Unlike many competitors, Penumbra focuses on a specific range of conditions and invests heavily in research and development to continuously enhance their offerings. The company's goal is to deliver high-quality medical devices that meet the needs of healthcare providers and improve patient outcomes.

Company Stage

IPO

Total Funding

$116.7K

Headquarters

Alameda, California

Founded

2004

Growth & Insights
Headcount

6 month growth

5%

1 year growth

12%

2 year growth

20%
Simplify Jobs

Simplify's Take

What believers are saying

  • Penumbra's recent product launches, such as the BMX81 and BMX96 in Europe, demonstrate their commitment to expanding and improving their product portfolio.
  • Significant investments from firms like Jennison Associates LLC and Algert Global LLC indicate strong financial backing and confidence in Penumbra's growth potential.
  • The company's participation in high-profile conferences like the Truist Securities MedTech Conference and the William Blair Growth Stock Conference highlights its industry recognition and thought leadership.

What critics are saying

  • The highly competitive medical device market requires Penumbra to continuously innovate to maintain its market position.
  • Regulatory challenges and the need for CE Marks and FDA approvals can delay product launches and impact revenue.

What makes Penumbra Inc unique

  • Penumbra's focus on both neurovascular and peripheral vascular conditions sets it apart from competitors who may specialize in only one area.
  • Their continuous investment in R&D ensures that they remain at the forefront of medical device innovation, particularly with recent launches like the Lightning Flash 2.0 CAVT technology.
  • Penumbra's global reach, serving healthcare providers in over 100 countries, provides a broad market presence that many competitors lack.

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