Penumbra Inc - Company Profile

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Penumbra Inc: Overview

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Penumbra Inc (Penumbra) is a medical device company that is focused on designing, development and manufacturing of products for neuro and vascular markets. Its products find use in procedures such as thrombectomy and embolization for treating conditions such as acute ischemic stroke, brain aneurysm, acute limb ischemia, deep vein thrombosis, neuro arteriovenous malformation, body aneurysm among others. Its major products include neurovascular access systems, revascularization devices, embolization coiling systems and microcatheters. The company sells its products to specialist physicians, hospitals and clinics through a direct sales organization. It also distributes its products through distributors globally. It has operations in the US, Brazil, Germany, Australia, Canada, Singapore, France and the UK. Penumbra is headquartered in Alameda, California, the US.

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Headquarters United States of America
Address One Penumbra Place, Alameda, California, 94502
Website www.penumbrainc.com
Telephone 1 510 7483200
No of Employees 3,900
Industry Medical Equipment
Ticker Symbol & Exchange PEN (NYSE)
Revenue (2022) $847.1M 13.3% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ -137.9% (2022 vs 2021)
Market Cap* $8.4B
Net Profit Margin (2022) XYZ -133.8% (2022 vs 2021)
* As of and is in US$
View Penumbra Inc financials
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Penumbra Inc premium industry data and analytics

40+

Medical Clinical Trials

A database of clinical trials planned, currently ongoing, completed, suspended, withdrawn, and terminated in countries around the world.

6

Medical Pipeline Products

A database of medical devices that are in the process to get approved for sale around the world. Devices that are in development, through to those in the approval process are included.

1

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Penumbra Inc (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Penumbra Inc’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Brands
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Neuro Mechanical Thrombectomy: RED
RED Reperfusion Catheters Indigo
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Contracts/Agreements In November, the company entered into a partnership with Honor Everywhere to ensure the memorials are still accessible to these aging and terminally ill men and women via immersive stories.
2023 New Products/Services In November, the company announced the STRIKE-PE data evaluating Penumbra’s Indigo Aspiration System with Lightning.
2023 New Products/Services In June, the company announced the launch of Lightning Bolt 7, an advanced and powerful arterial thrombectomy system on the market.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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Competitor Comparison

Key Parameters Penumbra Inc Medtronic Plc Stryker Corp Boston Scientific Corp Inari Medical Inc
Headquarters United States of America Ireland United States of America United States of America United States of America
City Alameda Dublin Kalamazoo Marlborough Irvine
State/Province California - Michigan Massachusetts California
No. of Employees 3,900 95,000 51,000 45,000 1,100
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Adam Elsesser Chief Executive Officer; Chairman; President Executive Board 2015 -
Maggie Yuen Chief Financial Officer Senior Management 2019 -
Lambert Shiu Chief Accounting Officer Senior Management 2019 -
Pankaj Tiwari Chief Information Officer; Executive Vice President Senior Management 2016 -
James F. Benenati, M.D. Chief Medical Officer Senior Management - -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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