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Vice President New Product Development information

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$98K

$226.9K

$400K

How much do vice president new product development jobs pay per year?

As of Jul 17, 2026, the average yearly pay for vice president new product development in the United States is $226,854.00, according to ZipRecruiter salary data. Most workers in this role earn between $169,500.00 and $277,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Vice President of New Product Development, and why are they important?

To thrive as a Vice President of New Product Development, you need deep expertise in product strategy, market analysis, and innovation management, typically supported by an advanced degree in business, engineering, or a related field. Familiarity with product lifecycle management (PLM) systems, project management tools like Jira or Asana, and certification such as PMP is highly valuable. Exceptional leadership, cross-functional collaboration, and strategic communication skills set standout candidates apart. These skills and qualifications are vital for driving successful product launches, aligning teams, and ensuring sustained business growth in competitive markets.

What are some common challenges faced by a Vice President of New Product Development, and how can they navigate these effectively?

A Vice President of New Product Development often encounters challenges such as balancing innovation with market viability, aligning cross-functional teams, and managing tight timelines for product launches. Navigating these complexities requires strong leadership, excellent communication, and the ability to foster collaboration across departments like marketing, engineering, and sales. Successful leaders in this role prioritize clear product roadmaps, encourage a culture of innovation, and maintain open channels for feedback to ensure products meet both customer needs and business goals.

What is the difference between Vice President New Product Development vs Product Manager?

AspectVice President New Product DevelopmentProduct Manager
CredentialsBachelor's/Master's in Business, Engineering, or related fields; extensive experience in product developmentBachelor's or Master's in relevant field; experience in product lifecycle management
Work EnvironmentExecutive leadership, strategic planning, cross-department collaborationProject management, cross-functional teams, customer research
Employer & Industry UsageUsed in large corporations across tech, manufacturing, and consumer goodsCommon in tech, retail, and manufacturing sectors

The Vice President New Product Development focuses on strategic leadership, overseeing multiple projects and aligning product strategies with company goals. In contrast, a Product Manager handles day-to-day product lifecycle tasks, customer insights, and project execution. Both roles are vital but differ in scope, seniority, and responsibilities within the product development hierarchy.

What does a Vice President of New Product Development do?

A Vice President of New Product Development oversees the creation and launch of new products within a company. They lead cross-functional teams, manage product strategy, and ensure that new products align with the company’s goals and market needs. This role typically involves market research, project management, budgeting, and collaborating with marketing, engineering, and sales departments. Ultimately, the Vice President is responsible for driving innovation and ensuring new products are successfully developed and brought to market.
What cities are hiring for Vice President New Product Development jobs? Cities with the most Vice President New Product Development job openings:
What are the most commonly searched types of New Product Development jobs? The most popular types of New Product Development jobs are:
What states have the most Vice President New Product Development jobs? States with the most job openings for Vice President New Product Development jobs include:
Infographic showing various Vice President New Product Development job openings in the United States as of July 2026, with employment types broken down into 83% Full Time, and 17% Part Time. Highlights an 100% In-person job distribution, with an average salary of $226,854 per year, or $109.1 per hour.

Vice President, New Product Planning

Parabilis Medicines

Cambridge, MA

Full-time

Posted 28 days ago


Job description

About Parabilis Medicines

Parabilis Medicines is a clinical-stage biopharmaceutical company dedicated to creating extraordinary medicines for patients with serious diseases by unlocking biologically important targets long considered undruggable. The company has pioneered a new class of alpha-helical peptides – Helicons™ – capable of modulating intracellular proteins that have historically been beyond the reach of conventional medicines. The company's lead investigational medicine, zolucatetide, is the first and only direct inhibitor of the β-catenin:TCF interaction, a central node in the Wnt/β-catenin pathway that has eluded drug developers for decades. Zolucatetide is being evaluated in the clinic across multiple Wnt/β-catenin-driven diseases, including desmoid tumors, familial adenomatous polyposis (FAP) and a range of other solid tumor indications. Beyond zolucatetide, Parabilis is advancing additional Helicon-based programs focused on other challenging targets where we believe our medicines could have life-altering impact. For more information, visit www.parabilismed.com or follow us on LinkedIn.

What's the opportunity?

The Vice President, New Product Planning will play a key strategic leadership role in shaping the development and future direction of Parabilis Medicines' portfolio. Reporting to the Chief Business & Strategy Officer, this individual will lead New Product Planning activities across the company's pipeline, ensuring commercial, market, and strategic insights are integrated into critical program decisions throughout development.

This leader will partner cross-functionally across Clinical Development, Research, Regulatory, CMC, Business Development, and Executive Leadership to help define product and indication strategies, evaluate market opportunities, assess competitive dynamics, and inform long-term portfolio planning. The role is particularly critical as Parabilis advances zolucatetide (FOG-001) towards registrational Phase 3 study for desmoid tumor and pursue expansion indications including familial adenomatous polyposis (FAP), adamantinomatous craniopharyngioma (ACP), hepatocellular carcinoma (HCC) and a range of other Wnt/beta-catenin-driven solid tumors. The ideal candidate will bring a strong blend of commercial and marketing experience, strategic thinking, cross-functional leadership, scientific curiosity, and operational pragmatism, along with a passion for helping build innovative biotechnology companies.

  • Build scalable New Product Planning capabilities and processes to support the company's long-term growth
  • Lead New Product Planning activities for zolucatetide and future pipeline opportunities along with the team and lead or support future commercial readiness activities including launch preparation frameworks, go-to-market strategy development, and cross-functional alignment on pre-launch milestones and priorities.
  • Partner closely with the Global Program Team and key functional leaders to incorporate commercial and market insights into development strategy, indication prioritization, and lifecycle planning.
  • Assess market opportunities, competitive landscapes, unmet patient needs, and evolving standards of care across oncology and rare disease indications.
  • Help shape product positioning, differentiation, value proposition, pricing considerations, and future market development strategies.
  • Provide strategic commercial input into portfolio prioritization, long-range planning, program strategy, business development, and key enterprise decision-making.
  • Fostering a highly collaborative, roll-up-your-sleeves culture and be a mentor to team members.
  • Collaborate cross-functionally with Research, Regulatory, CMC, Finance, Corporate Strategy, and Business Development teams.
  • Engage with patient advocacy groups, external experts, consultants, and key stakeholders to inform development and portfolio strategies.
  • Serve as a strategic thought partner to senior leadership on portfolio strategy, future growth opportunities including business development.

What you'll need to be successful:

  • Bachelor's degree required; MBA, PhD, PharmD, MD, or other advanced scientific/business degree preferred.
  • 10+ years of experience within biotechnology or pharmaceutical industry across New Product Planning, Commercial Strategy, Portfolio Strategy, Marketing, Competitive Intelligence, or related functions.
  • Extensive experience supporting late-stage development programs and contributing to commercialization or launch planning activities.
  • Strong understanding of drug development and ability to integrate commercial insights into clinical and portfolio strategy discussions.
  • Oncology and rare disease experience strongly preferred.
  • Experience operating in innovative or first-in-class therapeutic settings where market development and indication-shaping strategies were required.
  • Demonstrated ability to work effectively across highly matrixed, cross-functional organizations.
  • Strong strategic thinking and analytical capabilities, with the ability to synthesize scientific, clinical, and market information into actionable business insights.
  • Proven ability to influence without authority and build strong collaborative relationships across functions and organizational levels.
  • Experience working closely with Global Program Team, patient advocacy organizations, and external stakeholders preferred.
  • Strong communication and presentation skills, including the ability to engage senior leadership and translate complex information into clear strategic recommendations.
  • Leadership mindset with the ability to operate strategically while remaining hands-on in a fast-paced, high-growth environment.
  • Prior experience within oncology, precision medicine, platform biotechnology, or emerging biotechnology companies is a plus.
  • Demonstrated use of AI tools in your current role and responsibilities is required. Advanced or innovated use of AI is a strong plus

Core Values

Parabilis Medicines is a team of passionate pioneers who are trailblazing the future of precision medicine with the aim of making a meaningful difference in the lives of patients. The company is committed to promoting an inspiring and flourishing working environment for all employees across the business, in all departments, and driving innovation for patient benefit.

  • Growth-Minded. We're inventing a new class of medicines—one applicable to therapeutic targets that have been dreamt about, but always considered impossible to drug. Our work requires us to be curious, humble and adaptable.
  • In(ter)dependent. We are fiercely independent as a leader in defying the limitations of current therapeutic modalities, and interdependent as a team as we work collaboratively to shift drug discovery paradigms and provide patients with better treatment options.
  • Patient-focused. We are deeply focused on patient outcomes, and all energy in the company is focused on science as it translates to patient impact.
  • All-In. We're All-In on solving some of the hardest scientific challenges and delivering one of the most effective new classes of drugs in history.

The base salary range for this position is $315,000-$345,000, depending on experience, qualifications, and internal practices. Parabilis's total compensation package also includes an annual target bonus, equity, and a comprehensive suite of competitive benefits designed to support our employees' overall well-being.

As an equal opportunity employer, Parabilis Medicines values an inclusive workplace and welcomes applicants of all backgrounds and experiences. All qualified applicants will receive consideration for employment without discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, or any other factors prohibited by law.

30 Acorn Park Drive | Cambridge, MA 02140 | www.parabilismed.com