Upstream Product Manager- Advanced Wound Care at USA SOLVENTUM US LLC — Remote
Full job description
Job Description
3M Health Care is now Solventum
Position Summary
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. Responsibilities will include the following:
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
Your Skills and Expertise
- 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
Work location:
- Remote
Travel:Less than 25% [domestic/international]
Supporting Your Well-being
Applicable to US Applicants Only:The expected compensation range for this position is $163,200 - $224,400, which includes base pay plus variable incentive pay, if eligible. This range represents a good faith estimate for this position. The specific compensation offered to a candidate may vary based on factors including, but not limited to, the candidate’s relevant knowledge, training, skills, work location, and/or experience. In addition, this position may be eligible for a range of benefits (e.g., Medical, Dental & Vision, Health Savings Accounts, Health Care & Dependent Care Flexible Spending Accounts, Disability Benefits, Life Insurance, Voluntary Benefits, Paid Absences and Retirement Benefits, etc.). Additional information is available at: https://www.solventum.com/en-us/home/our-company/careers/#Total-Rewards