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Penumbra, Inc. (PEN) Promotes Shruthi Narayan to President to Drive Global Growth
Yahoo Financeยท 2025-10-01 17:58
Company Overview - Penumbra, Inc. (NYSE:PEN) is a global leader in thrombectomy and vascular intervention technologies, offering products such as the Indigo and Lightning series, and neuro and vascular embolization solutions [1] - The company operates in over 100 countries, serving acute stroke and broader vascular markets through both direct and distributor-driven channels [1] Leadership and Innovation - In September 2025, Shruthi Narayan was promoted to President, bringing engineering and commercialization expertise to strengthen PEN's focus on global innovation and market growth [2] - The introduction of the Ruby XL System, the largest and longest detachable embolization coil, demonstrates versatility in complex vascular procedures and supports wider clinical adoption [2] Product Development and Clinical Trials - Penumbra expanded its thrombectomy capabilities with the release of the Lightning Bolt 6X device in a 150 cm length, enabling Computer Assisted Vacuum Thrombectomy (CAVT) in smaller, distal vessels, which is critical for peripheral arterial disease interventions [3] - The firm completed enrollment for the STORM-PE Randomized Controlled Trial, evaluating CAVT's effectiveness in pulmonary embolism, with results expected to influence future treatment guidelines and expand market penetration [3] Commitment to Healthcare Efficiency - Penumbra remains committed to advancing minimally invasive clot removal technologies that improve patient outcomes while enhancing healthcare efficiency [4] - Recent clinical data highlights the speed, safety, and efficacy of its CAVT devices, reinforcing growth potential in both U.S. and international markets [4]