Product Manager at Surmodics

Eden Prairie, Minnesota, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Medical Devices, HealthcareIndustries

Requirements

Bachelor’s Degree required, MBA preferred
4+ years of experience in Med Device - cardiovascular, interventional cardiology/radiology, or vascular medtech space
At least 2+ years of experience in Marketing / Product Development
Peripheral Vascular / Venous experience preferred

Responsibilities

Develop and execute strategic marketing initiatives for thrombectomy products including strategies and specific tactics and resources to drive growth opportunities
Work with cross-functional team members to support the Life Cycle Management strategy and initiatives
Lead product launches and go-to market strategies and execution plans and gain alignment with leadership and internal regional stakeholders
Develop content strategy, messaging, and sales tools (literature, brochures, website, and all media), training materials, and field sales and customer communications to support sales and the customer
Develop and execute competitive positioning strategies to support the overall product portfolio
Engage field and clinical stakeholders to generate compelling clinical marketing and case-based content
Manage downstream commercial marketing activities and tactics
Attend conferences and drive conference activities; host educational events and manage peer-to-peer engagements

Skills

Key technologies and capabilities for this role

Strategic MarketingProduct LaunchGo-to-Market StrategyLifecycle ManagementSales Tools DevelopmentCompetitive PositioningClinical MarketingCross-Functional CollaborationRevenue GrowthThrombectomy Products

Questions & Answers

Common questions about this position

What is the salary range for the Peripheral Vascular Product Manager position?

The targeted salary range is $102,000 - $153,000 USD.

What benefits does Surmodics offer?

Surmodics offers a competitive compensation and benefits package, including a bonus program, 401(k) with employer match, employee stock purchase plan, and stock options.

Is this position remote or does it require office presence?

This information is not specified in the job description.

What qualifications and experience are required for this role?

A Bachelor’s Degree is required (MBA preferred), 4+ years of experience in Med Device - cardiovascular, interventional cardiology/radiology, or vascular medtech space, and at least 2+ years in Marketing / Product Development. Peripheral Vascular / Venous experience is preferred.

What kind of cross-functional collaboration is involved in this role?

The role involves collaborating with R&D, quality, regulatory, marketing, sales, clinical, operations, manufacturing, and training teams, as well as working directly with sales, field and clinical stakeholders, leadership, and internal regional stakeholders.

Surmodics

Provides components for diagnostics and medical devices

About Surmodics

Surmodics specializes in providing essential components for in vitro diagnostic (IVD) products and advanced coatings for medical devices. Their IVD offerings include a variety of products such as protein stabilizers, diluents, blockers, substrates, and antibodies, which are vital for creating sensitive immunoassays that detect substances in biological samples. Surmodics also develops advanced coatings for medical devices, including lubricious and hemocompatible coatings, and is known for creating the drug delivery coating for the first drug-eluting stent. The company collaborates closely with clients to accelerate product development and commercialization, which helps them meet market demands quickly. Surmodics stands out from competitors through its strong focus on client collaboration and rapid product development, aiming to support the healthcare and biotechnology sectors effectively.

Eden Prairie, MinnesotaHeadquarters

1979Year Founded

$125MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

201-500Employees

Benefits

Performance Bonus

401(k) Company Match

401(k) Retirement Plan

Company Equity

Stock Options

Risks

GTCR acquisition may disrupt operations or client relationships.

Becoming privately held could reduce transparency and investor confidence.

New thrombectomy systems face competition, potentially impacting market share.

Differentiation

Surmodics excels in advanced coatings for medical devices, enhancing device performance.

The company offers a comprehensive range of IVD products for sensitive immunoassays.

Surmodics' expertise in drug-delivery coatings is unmatched, proven by the first drug-eluting stent.

Upsides

Surmodics' acquisition by GTCR could accelerate growth and innovation.

The launch of Pounce Thrombectomy Systems addresses rising peripheral artery disease cases.

Surmodics' SurVeil DCB shows promising results, boosting its vascular intervention portfolio.

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