Upstream Product Manager
$163.2k - $224.4kSOLVENTUM
Role Description
The Upstream Product Manager plays a central role in the execution of new product initiatives that advance the Advanced Wound Care franchise’ Build strategy and long-term innovation priorities. This role is accountable for the marketing strategy and deliverables in a new product initiative from concept to commercialization. This role will require strong financial and business acumen, deep understanding of clinical value propositions, and the ability to integrate cross-functional inputs to shape product concepts that are commercially and clinically compelling.
- Portfolio & Project Ownership
- Own marketing strategy and deliverables across multiple high-complexity projects.
- Lead development of target product profiles, value propositions, positioning, and business cases that are financially rigorous and evidence-based.
- Integrate clinical insights into marketing strategy, ensuring product concepts reflect patient outcomes, medical need, and clinical evidence.
- Lead market opportunity analyses, including competitive assessment, market potential, and unmet need identification.
- Prioritize geographic launch markets based on commercial potential, regulatory pathway, and operational readiness.
- Financial & Strategic Accountability
- Build out robust business cases, including revenue projections, NPV analyses, cost of goods considerations, and pricing strategies.
- Partner with Finance to model project scenarios and assess financial impact of strategic choices.
- Identify risks and opportunities that may impact financial, clinical, or operational outcomes.
- Cross-Functional Leadership & Influence
- Serve as the primary marketing liaison on the new product core team.
- Align marketing inputs with cross-functional plans, timelines, and operational constraints.
- Collaborate with PMO to ensure stage-gate readiness.
- Partner with Global Downstream and Regional Marketing to provide launch readiness input, market prioritization guidance, and go-to-market strategy alignment.
- Work with R&D, regulatory, and Medical Affairs to ensure clinical feasibility, safety, and evidence integration.
- Coordinate with Supply Chain and R&D to assess cost of goods assumptions, product availability, scale up needs, and global launch readiness.
Qualifications
- Bachelor’s degree or higher and 5+ years of experience in upstream or downstream product marketing.
- Advanced degree (e.g., MBA, Economics, or related field).
- Experience in medical devices, medtech, healthcare, or similar regulated industry.
- Experience with stage-gate processes and tools.
- Strong financial and business case acumen, including revenue modeling, NPV analyses, and pricing strategies.
- Track record of collaborating cross-functionally to deliver actionable recommendations.
- Excellent strategic thinking, problem-solving, analytical, and communication skills.
- Knowledge of the advanced wound care market, including negative pressure wound therapies.
- Ability to thrive in an action-oriented and high accountability environment.
Requirements
- Work location: Remote.
- Travel: Less than 25% [domestic/international].
- Relocation Assistance: May be authorized.
- Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).
Benefits
- Competitive pay and benefits.
- Medical, Dental & Vision coverage.
- Health Savings Accounts.
- Health Care & Dependent Care Flexible Spending Accounts.
- Disability Benefits.
- Life Insurance.
- Voluntary Benefits.
- Paid Absences.
- Retirement Benefits.
$163.2k - $224.4k
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