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The differences between senior formulation scientists and research laboratory managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a senior formulation scientist and a research laboratory manager. Additionally, a senior formulation scientist has an average salary of $102,574, which is higher than the $64,333 average annual salary of a research laboratory manager.
The top three skills for a senior formulation scientist include dosage forms, scale-up and formulation development. The most important skills for a research laboratory manager are lab equipment, research projects, and lab safety.
| Senior Formulation Scientist | Research Laboratory Manager | |
| Yearly salary | $102,574 | $64,333 |
| Hourly rate | $49.31 | $30.93 |
| Growth rate | 17% | 17% |
| Number of jobs | 48,668 | 89,981 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 67% |
| Average age | 41 | 41 |
| Years of experience | 4 | 4 |
As a senior formulation scientist, your main aim is to have clinical trials as well as to conduct some tests to compare the reaction of potential customers to that of your previous formulations. You need to design pre-formulation studies. By doing this, you can understand the formulation of different types of medical trials performed. You also need to assist in the pharmaceutical formulation to form a great report for the company.
The main skills which are required to become a senior formulation scientist are observational as well as critical thinking skills. You need to have proper report-making skills so that you can research and analyze the data from your formulations and then condense them into important medical documents. You should be able to communicate clearly to your team members so that they can help and assist you in the formulations as well as develop different ideas.
Research laboratory managers are management professionals who are responsible for ensuring the smooth operation of laboratories by implementing safety lab procedures. These managers are required to coordinate the repair and maintenance of lab equipment while training lab technicians and assistants on the correct use of equipment. They must perform experimental studies and analyze the research data collected for research projects. Research laboratory managers must also manage the inventory of laboratory equipment while coordinating the purchase of lab supplies.
Senior formulation scientists and research laboratory managers have different pay scales, as shown below.
| Senior Formulation Scientist | Research Laboratory Manager | |
| Average salary | $102,574 | $64,333 |
| Salary range | Between $74,000 And $141,000 | Between $45,000 And $91,000 |
| Highest paying City | South San Francisco, CA | Baltimore, MD |
| Highest paying state | California | Maryland |
| Best paying company | Exelixis | Meta |
| Best paying industry | Manufacturing | Health Care |
There are a few differences between a senior formulation scientist and a research laboratory manager in terms of educational background:
| Senior Formulation Scientist | Research Laboratory Manager | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 67% |
| Most common major | Pharmacy | Biology |
| Most common college | Duke University | Duke University |
Here are the differences between senior formulation scientists' and research laboratory managers' demographics:
| Senior Formulation Scientist | Research Laboratory Manager | |
| Average age | 41 | 41 |
| Gender ratio | Male, 81.2% Female, 18.8% | Male, 45.2% Female, 54.8% |
| Race ratio | Black or African American, 6.4% Unknown, 4.1% Hispanic or Latino, 9.6% Asian, 26.4% White, 53.4% American Indian and Alaska Native, 0.1% | Black or African American, 6.5% Unknown, 4.1% Hispanic or Latino, 9.7% Asian, 26.3% White, 53.2% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 8% | 8% |