R&D Engineer I at Penumbra Inc

Alameda, California, United States

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$80,000 – $105,000Compensation

Entry Level & New GradExperience Level

Full TimeJob Type

UnknownVisa

Medical DevicesIndustries

Requirements

Bachelor’s degree in Engineering, Physical Sciences or related technical field or equivalent combination of education and experience
Medical device industry experience desired
Verbal, analytical, computer and hands-on laboratory skills required
Ability to lift and move up to 25 pounds
Ability to move between buildings and floors
Ability to remain stationary and use a computer or other standard office equipment for extensive periods
Ability to read, prepare emails, produce documents and spreadsheets
Ability to move within the office and access file cabinets or supplies
Ability to communicate and exchange accurate information with employees at all levels daily

Responsibilities

Assist in design, development, and testing of Penumbra, Inc. products
Create engineering test protocols
Run and report engineering tests
Design fixtures and tooling to facilitate prototype assembly and material testing
Evaluate prototypes against standards or specifications and troubleshoot problems to assess root cause and corrective action
Interpret and communicate test results
Solve practical problems encountered
Document findings and recommendations
Present findings to project managers
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 applicable regulations, standards, and procedures
Ensure other members of the department follow the QMS, regulations, standards, and procedures
Perform other work-related duties as assigned

Skills

Engineering Design

Product Development

Testing Protocols

Prototype Assembly

Fixture Design

Root Cause Analysis

Test Reporting

Quality Management System

Laboratory Skills

CAD

SolidWorks

Fixture Tooling

Penumbra Inc

Develops medical devices for vascular conditions

About Penumbra Inc

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 for use in hospitals and clinics, helping healthcare professionals address 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 specifically on these specialized areas, ensuring their products are tailored to the needs of medical professionals in these fields. The company's goal is to continuously improve and innovate their medical devices to enhance patient care and support healthcare providers in delivering effective treatments.

Alameda, CaliforniaHeadquarters

2004Year Founded

$116.7KTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

1,001-5,000Employees

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

Risks

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.

Differentiation

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.

Upsides

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.

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