Panacela Labs Inc Salary

As of August 2026, the average annual salary for employees at Panacela Labs Inc in the United States is $92,833. This translates to an approximate hourly wage of $45. Salaries at Panacela Labs Inc typically range from $81,766 to $104,831 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Panacela Labs Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Panacela Labs Inc. Based on our data, the highest paying job is the Project Manager, with an annual salary of $98,423. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Panacela Labs Inc

Ready for your next career move? Explore current job openings at Panacela Labs Inc. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Panacela Labs Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Panacela Labs Inc's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Immuneering Corp $115,131
+24.0%
Supported by Immuneering Corp's high-margin contracts allowing higher overhead.
S1 Biopharma Inc $115,279
+24.2%
Adjusted for higher cost-of-living indices in S1 Biopharma Inc's primary metro hubs.
OBiS Inc $116,587
+25.6%
Reflects a supply-demand imbalance for the specific talent OBiS Inc targets.
Lauren Sciences LLC $114,614
+23.5%
Reflects structural premiums typical of Lauren Sciences LLC's large-cap national operations.
Pharmaceuticals Industry $133,789
+44.1%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Panacela Labs Inc

Considering a career at Panacela Labs Inc? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Work processes are efficient, and the team is cohesive. Competitive salary and good benefits package. The management encourages creativity, and employees are recognized for their contributions. I appreciate the emphasis on ethical practices and patient safety, which aligns with my personal values. The leadership is visionary, and the company invests in cutting-edge research.
The collaborative atmosphere here is unmatched. I’m grateful to work for this company. The company offers a structured work environment with clear expectations. The pharmaceutical projects are meaningful, contributing to healthcare advancements. Flexible scheduling options enhance productivity. The pharmaceutical work is rewarding, and the culture is inclusive. It’s a great environment for career ...
The company fosters a collaborative environment where employees are encouraged to innovate and contribute to meaningful projects. The benefits package is robust, enhancing job satisfaction. The leadership is transparent about company goals, which helps align individual contributions.

Panacela Labs Inc Overview

Website
www.panacelalabs.com
Founded In
2011
Employees
<25 employees
Industry
Pharmaceuticals
Headquarter Address
73 High St Buffalo New York NY 14203
Revenue
<$5 Million
Phone Number
+1 7168496810
Social Media
About Panacela Labs Inc
Panacela Labs, Inc. is a clinical stage biotechnology company founded in 2011 by Cleveland BioLabs and received initial investments from CBLI and Rusnano, a Russian Federation venture fund. Intellectual property contributors include Roswell Park Cancer Institute, Children's Cancer Institute Australia and Cleveland Clinic Foundation. Panacela is a majority-owned joint venture of Cleveland BioLabs.

What Benefits Does Panacela Labs Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Panacela Labs Inc offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Buffalo?

Understanding the cost of living near Buffalo is key to truly evaluating a salary offer or your current compensation at Panacela Labs Inc.
Buffalo's Cost of Living Index is approximately 79.5 (20.5% less expensive than US average; 36.4% less than NY average). Western NY city, very affordable housing, revitalizing. NFTA Metro Bus/Rail. When planning your budget based on a salary from Panacela Labs Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of Panacela Labs Inc salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $75 (NFTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,215 - $3,555+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Panacela Labs Inc

1. How much does a Panacela Labs Inc employee make?

Panacela Labs Inc pays its employees an average of $92,833 per year. The average salary at Panacela Labs Inc range from $81,766 to $104,831 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than Panacela Labs Inc?

The salary at Panacela Labs Inc is lesser than the similar company. The average annual salary at Panacela Labs Inc is $92,833, or an hourly wage of $45, in comparison to Immuneering Corp which pays $115,131 per year or $55 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Panacela Labs Inc?

In many roles at Panacela Labs Inc, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Buffalo affect the perceived value of a Panacela Labs Inc salary?

Buffalo's Cost of Living Index is approximately 79.5 (20.5% less expensive than US average; 36.4% less than NY average). This significantly impacts the purchasing power of a salary from Panacela Labs Inc based there. Our "Cost of Living Insights for Buffalo" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Panacela Labs Inc typically offer employees?

Panacela Labs Inc generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Panacela Labs Inc" section on this page.