Upstream Product Manager- Advanced Wound Care

SOLVENTUMRemote - Minnesota, MN
$163,200 - $224,400Remote

About The Position

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.

Requirements

  • Bachelor’s degree or higher and 5+ years of experience in upstream or downstream product marketing

Nice To Haves

  • 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

Responsibilities

  • 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
  • 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
  • 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
  • Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties.

Benefits

  • Medical, Dental & Vision
  • Health Savings Accounts
  • Health Care & Dependent Care Flexible Spending Accounts
  • Disability Benefits
  • Life Insurance
  • Voluntary Benefits
  • Paid Absences
  • Retirement Benefits
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