Ascent Innovative Medicines Mumbai Formulation Scientist Salaries by 3 Employees (Updated 2025)

0 - 3 years exp.

₹2.1 Lakhs - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

56% less than the average Formulation Scientist Salary for 0 - 3 years of experience

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Salaries in different departments

Research & Development Formulation Scientist Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5.5 L/yr
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Legal & Regulatory Formulation Scientist Salary Fresher (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.3 L/yr

Last Updated: 11 Mar 2023

Companies similar to Ascent Innovative Medicines for Formulation Scientist in Mumbai

Ascent Innovative Medicines Formulation Scientist Salary

0 - 3 years exp. (3 salaries)

₹2.1 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Dr. Reddy's Formulation Scientist Salary 1 - 8 years exp. (10 salaries)	₹6 L/yr - ₹12 L/yr 139% more
Teva Pharmaceuticals Formulation Scientist Salary 5 - 14 years exp. (10 salaries)	₹7.4 L/yr - ₹18 L/yr 236% more
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Enem Nostrum Remedies Formulation Scientist Salary 0 - 3 years exp. (6 salaries)	₹2.7 L/yr - ₹2.9 L/yr 28% less
Cipla Formulation Scientist Salary 2 - 7 years exp. (6 salaries)	₹4.3 L/yr - ₹8.3 L/yr 58% more
Evonik Formulation Scientist Salary 1 - 5 years exp. (5 salaries)	₹5.5 L/yr - ₹8 L/yr 83% more

Formulation Scientist salary at Ascent Innovative Medicines ranges between ₹2.1 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 3 latest salaries received from various employees of Ascent Innovative Medicines.

Experience wise Ascent Innovative Medicines Formulation Scientist salaries in Mumbai

Last Updated: 11 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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3 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Ascent Innovative Medicines Formulation Scientist Salaries in Mumbai

Ascent Innovative Medicines Formulation Scientist salary in Mumbai ranges between ₹2.1 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Ascent Innovative Medicines latest salaries received from various employees of Ascent Innovative Medicines.