Full-Time

Clinical Budget & Contract Analyst

Posted on 1/15/2025

Penumbra Inc

Penumbra Inc

1,001-5,000 employees

Develops medical devices for vascular conditions

Biotechnology
Healthcare

Compensation Overview

$93k - $130kAnnually

Senior

Remote in USA

Category
Healthcare Administration & Support
Medical, Clinical & Veterinary
Required Skills
Word/Pages/Docs
Excel/Numbers/Sheets
Requirements
  • Bachelor's degree in life sciences or related field with 5+ years of related experience experience, or equivalent combination of education and experience
  • Strong organizational skills and demonstrated competence in word processing and database creation and management are critical skill sets
  • Ability to process a high volume of work and meet deadlines in a fast-paced environment is essential
  • High degree of accuracy and attention to detail necessary
  • Outstanding written, oral, and interpersonal communication skills are required
  • Proficiency with MS Word, Excel, and PowerPoint
  • Excellent organizational skills with ability to prioritize assignments while handling various projects simultaneously
Responsibilities
  • Drive the process of clinical study budget and contract negotiations with the clinical study sites (e.g., hospitals) for multiple clinical studies
  • Prepare and negotiate site clinical trial budgets and budget amendments
  • Act as a key liaison between the Clinical Research and Legal Departments
  • Submit contract requests for clinical studies and investigator-sponsored studies and follow through with internal and external stakeholders to completion
  • Provide periodic updates to management regarding site start-up progress related to their strategic impact
  • Communicate potential or actual delays and propose actions to ensure that project timelines are met
  • Communicates regular updates to clinical project manager and other study staff
  • Proactively identifies potential issues that may arise with budget and contract negotiations
  • Partner closely with Legal team to manage timelines and expectations for new and changing clinical studies on a regular basis
  • Adhere to the Company’s Quality Management System (QMS) as well as domestic and global quality system regulations, standards, and procedures
  • Understands relevant security, privacy and compliance principles and adheres 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
Desired Qualifications
  • Experience in a medical device, pharmaceutical or comparable regulated environment desirable but not essential
  • Creative problem-solving skills are highly desirable

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

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