MEDOPHARM Formulation Scientist Salaries by 4 Employees

1 - 2 years exp.

₹2 Lakhs - ₹3.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

71% less than the average Formulation Scientist Salary in Pharma Companies for 1 - 2 years of experience

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Salaries in different departments

Healthcare & Life Sciences Formulation Scientist Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.4 L/yr
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Research & Development Formulation Scientist Salary 2 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹3.1 L/yr

Last Updated: 15 Mar 2023

Companies similar to MEDOPHARM for Formulation Scientist

Company name	Avg Annual Salary	Open Jobs
Medreich Formulation Scientist Salary 0 - 3 years exp. (14 salaries)	₹2.5 L/yr - ₹4 L/yr 71% more
Teva Pharmaceuticals Formulation Scientist Salary 5 - 14 years exp. (10 salaries)	₹7.4 L/yr - ₹18 L/yr 532% more
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BDR Pharmaceuticals International Formulation Scientist Salary 1 - 6 years exp. (7 salaries)	₹2.8 L/yr - ₹7.7 L/yr 143% more
Hetero Formulation Scientist Salary 1 - 7 years exp. (6 salaries)	₹2.1 L/yr - ₹7.5 L/yr 117% more
Zuventus Healthcare Formulation Scientist Salary 2 - 11 years exp. (6 salaries)	₹4.2 L/yr - ₹9.9 L/yr 212% more
Sandoz Formulation Scientist Salary 5 - 9 years exp. (5 salaries)	₹3.8 L/yr - ₹15.9 L/yr 374% more
Apex Laboratories Formulation Scientist Salary 2 - 7 years exp. (4 salaries)	₹4 L/yr - ₹6.5 L/yr 146% more
Micro Labs Formulation Scientist Salary 0 - 7 years exp. (4 salaries)	₹5.6 L/yr - ₹7.5 L/yr 227% more
Biological E Formulation Scientist Salary 1 - 2 years exp. (3 salaries)	₹3.2 L/yr - ₹5 L/yr 86% more

Formulation Scientist salary at MEDOPHARM ranges between ₹2 Lakhs to ₹3.1 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of MEDOPHARM.

Experience wise MEDOPHARM Formulation Scientist salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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2 years (3 salaries)	₹2 L/yr - ₹3.1 L/yr

Similar Designation salaries in MEDOPHARM

Analytical Scientist Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Scientist Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Pharmacist Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Chemist Salary

(4 salaries)

₹1.8 L/yr - ₹2.4 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹9.1 L/yr - ₹11.6 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹1.2 L/yr - ₹1.5 L/yr

Senior Officer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Officer Salary

(4 salaries)

₹2.2 L/yr - ₹2.5 L/yr

Salary related reviews for MEDOPHARM

Medical Representative in Chennai

Full Time

Healthcare & Life Sciences Department

4.0

• posted on 29 Jun 2022

3.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent. Company policies are good.

Work satisfaction - Good

Dislikes

There is a lot of politics and the management dose not address. Salary is decent but career growth is slow. On the job training is not given to new joinees.

Job security - Poor

Executive Quality Assurance in Kayarambedu Village, Chennai

Full Time

Quality Assurance Department

2.0

• posted on 22 Feb 2023

2.0

for Salary and Benefits

Likes

It is a good company for freshers for skill development.

Dislikes

...to directly affected quality. After 1st year employee growth becomes stagnant. Low salary and increment scale

Salary - Poor

+4 more

Manufacturing Executive in Kancheepuram

Chennai Department

1.0

• posted on 05 Nov 2020

1.0

for Salary and Benefits

Likes

Only thing I like is that it's a good company for freshers, good for faster learning.

Dislikes

...uffer like hell and at the end while releaving they will play with the employee. some persons were even forced to work 9-10 days after their releaving dates without salary just to get their releaving officially and some employees left the company even without taking releaving. As the HODs are having links with other companies also suppose you got selected in any other company ant they got the info very next day you will receive a call from the company in which you got selected that you have been rejected because of these cunning HODs. It is not the company, the people working in it are making the life miserable for others. Overall I would say working here felt like hell, each and every moment you will regret your decision of joining this company.

Salary - Bad

+6 more

IT Executive in Karnataka Malur

Content, Editorial & Journalism Department

2.0

• posted on 18 Mar 2021

2.0

for Salary and Benefits

Likes

...nge of products. Good atmostpheric conpany. Established well in Malur Karnataka. Salary allowence credit before 5rh of month.

Dislikes

I did not like the role of this company, every month new rules were applied. my it manager in this company was not good, she always supported the Tamil person.

Salary - Poor

+4 more

Regional Business Manager in Chennai

Full Time

Sales & Business Development Department

2.0

• posted on 23 Mar 2024

2.0

for Salary and Benefits

Likes

This is second time they have removed the people's in the field work bcoz only they have less sales... But they will not think about the peoples family and all No Mercy worst experience don't join ever....

Dislikes

They remove the people's without any reason.... And they doesn't have knowledge about doctors and sales....

Salary - Poor

+6 more

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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MEDOPHARM Formulation Scientist Salary FAQs

What is the salary of Formulation Scientist at MEDOPHARM ?

The average salary of a Formulation Scientist at MEDOPHARM in India typically ranges from ₹2.0 Lakhs to ₹3.1 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Formulation Scientist at MEDOPHARM earn more than ₹3.1 Lakhs per year, and the top 1% earn over ₹3.1 Lakhs per year. Formulation Scientist Salaries at MEDOPHARM can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 MEDOPHARM employees in India.

What is the estimated take home salary of a Formulation Scientist at MEDOPHARM in India?

The estimated take-home salary of a Formulation Scientist at MEDOPHARM in India typically ranges from ₹14,459 to ₹15,979 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.1 Lakhs per year for employees with experience ranging from 1 year to 2 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of MEDOPHARM. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than MEDOPHARM for Formulation Scientist in India?

Teva Pharmaceuticals	₹7.4 Lakhs to ₹18.0 Lakhs per year
Sandoz	₹3.8 Lakhs to ₹15.9 Lakhs per year
Micro Labs	₹5.6 Lakhs to ₹7.5 Lakhs per year
Zuventus Healthcare	₹4.2 Lakhs to ₹9.9 Lakhs per year
Apex Laboratories	₹4.0 Lakhs to ₹6.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by MEDOPHARM, depending on the role and experience level.

What is the salary of a Formulation Scientist in companies similar to MEDOPHARM in India?

The salary of a Formulation Scientist at companies similar to MEDOPHARM in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

BDR Pharmaceuticals International	₹2.8 Lakhs to ₹7.7 Lakhs per year
Hetero	₹2.1 Lakhs to ₹7.5 Lakhs per year
Biological E	₹3.2 Lakhs to ₹5.0 Lakhs per year
Medreich	₹2.5 Lakhs to ₹4.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Formulation Scientist at MEDOPHARM in India?

The salary growth for a Formulation Scientist at MEDOPHARM depends on factors such as experience, performance, and promotions. On average, a Formulation Scientist can expect the following growth trajectory at MEDOPHARM:

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹2.3 Lakhs per year
2 years	₹2.0 Lakhs to ₹3.1 Lakhs per year

and so on.

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MEDOPHARM Formulation Scientist Salaries

MEDOPHARM Formulation Scientist salary in India ranges between ₹2 Lakhs to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 MEDOPHARM latest salaries received from various employees of MEDOPHARM.