Job Description:3M Health Care is now SolventumAt Solventum, we enable better, smarter, safer healthcare to improve lives. As a new company with a long legacy of creating breakthrough solutions for our customers' toughest challenges, we pioneer game-changing innovations at the intersection of health, material and data science that change patients' lives for the better while enabling healthcare professionals to perform at their best. Because people, and their wellbeing, are at the heart of every scientific advancement we pursue.
We partner closely with the brightest minds in healthcare to ensure that every solution we create melds the latest technology with compassion and empathy. Because at Solventum, we never stop solving for you.
Position SummaryThe
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 ExpertiseTo set you up for success in this role from day one, Solventum requires (at a minimum) the following qualifications:
- Bachelor's degree or higher and 5+ years of experience in upstream or downstream product marketing
Additional qualifications that could help you succeed even further in this role include:
- 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: Travel:Less than 25% [domestic/international]Relocation Assistance: May be authorizedMust be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).Supporting Your Well-beingSolventum offers many programs to help you live your best life - both physically and financially. To ensure competitive pay and benefits, Solventum regularly benchmarks with other companies that are comparable in size and scope.
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
Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties.
Solventum is committed to maintaining the highest standards of integrity and professionalism in our recruitment process. Applicants must remain alert to fraudulent job postings and recruitment schemes that falsely claim to represent Solventum and seek to exploit job seekers.
Please note that all email communications from Solventum regarding job opportunities with the company will be from an email with a domain of
@solventum.com. Be wary of unsolicited emails or messages regarding Solventum job opportunities from emails with other email domains.
Please note, Solventum does not expect candidates in this position to perform work in the unincorporated areas of Los Angeles County.
