Upstream Product Manager- Advanced Wound Care

Position Summary

The Upstream Product Manager plays a central role in the execution of new product initiatives that advance the Advanced Wound Care franchise’s build strategy and long‑term innovation priorities. The role is accountable for the marketing strategy and deliverables in a new product initiative from concept to commercialization, requiring strong financial and business acumen, deep clinical value‑proposition expertise, and the ability to integrate cross‑functional inputs into commercially and clinically compelling product concepts.

• 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 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.

• 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) – a plus.
• Experience in medical devices, medtech, healthcare, or a similarly 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.

Remote work location. Less than 25% domestic or international travel.

The expected compensation range for this position is $163,200 – $224,400, including base pay plus variable incentive pay, if eligible. This range represents a good‑faith estimate for this position and may vary based on factors such as relevant knowledge, training, skills, work location, and experience.

Benefits may include (but are not limited to):

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

Solventum is an equal‑opportunity employer. Solventum will not discriminate against any applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status.