InnovationMedicine Salary

How much does the InnovationMedicine Pay for employees?

As of August 2026, the average annual salary for employees at InnovationMedicine in the United States is $106,936. This translates to an approximate hourly wage of $51. Salaries at InnovationMedicine typically range from $94,201 to $120,756 annually, reflecting the diverse roles and experience levels within the company. InnovationMedicine’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does InnovationMedicine Pay for Different Roles?

Explore detailed salary information for specific jobs at InnovationMedicine. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at InnovationMedicine

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

Is InnovationMedicine’s Pay Competitive? Salary Benchmarking Analysis

How does InnovationMedicine’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
InnovationMedicine
Biotechnology
Granata Bio Inc
Osypka Medical Inc
Industry Comparison
Our data shows that, on average, compensation at InnovationMedicine is below the average for the U.S. Biotechnology industry by approximately 18%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared InnovationMedicine average annual salary with several similar companies. InnovationMedicine average salary of $106,936 is higher than Granata Bio Inc, which has an average salary of $100,396. It is higher than Osypka Medical Inc, with their average salary at $102,189. This places InnovationMedicine in a competitive position among its peers.
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Employee Reviews: Working at InnovationMedicine

Considering a career at InnovationMedicine? 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.
This is a place where hard work is recognized and rewarded. The company encourages innovation and continuous education. Managers care about employee well-being and regularly recognize contributions. Consistent investment in employee training keeps skills sharp and relevant.
Benefits are reasonable, and job security is generally high. It offers decent exposure to the industry. With team the collective effort toward developing life-changing treatments is inspiring. You’re encouraged to share your ideas, and there’s a culture of respect and curiosity. Communication is strong, and strategic goals are clearly conveyed. Collaborative teams and cutting-edge technology drive...
Overall, it’s a great place for scientists and professionals to grow. Some managers provide strong guidance, while others are more hands-off. They communicate the company's vision clearly and make every employee feel like a valued part of its journey towards groundbreaking scientific discoveries and commercial success, ensuring everyone is aligned.

InnovationMedicine Overview

Website
www.innovationmedicine.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Biotechnology
Headquarter Address
1395 Main St Waltham Massachusetts MA 02451
Revenue
<$5 Million
Phone Number
-
Social Media
About InnovationMedicine
Using genetic engineering approaches, we develop therapeutical proteins that can be manufactured for clinical and non-clinical uses. We offer off-shelf products as well as development services. Some products and services are: Purified recombinant proteins Production cell lines for recombinant protein and antibody (GMP or non-GMP grade) Protein expression and purification Production cell line devel

What Benefits Does InnovationMedicine Offer Beyond Salary?

A competitive compensation package is more than just a salary. InnovationMedicine 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 Waltham?

Understanding the cost of living near Waltham is key to truly evaluating a salary offer or your current compensation at InnovationMedicine.
Waltham's Cost of Living Index is approximately 145.1 (45.1% more expensive than US average; 9.4% more than MA average). Boston suburb, tech/biotech presence, high housing costs. MBTA bus/Commuter Rail. When planning your budget based on a salary from InnovationMedicine, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,100 - $3,000+ A significant portion of InnovationMedicine salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA pass varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,690 - $5,560+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of InnovationMedicine

1. What is the typical salary range (low to high) for most roles at InnovationMedicine?

The typical annual salary range for most roles at InnovationMedicine is approximately from $94,201 to $120,756. 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. How much does InnovationMedicine pay compared to Granata Bio Inc?

The average annual salary at InnovationMedicine is $106,936, or an hourly wage of $51, in comparison to Granata Bio Inc which pays $100,396 per year or $48 per hour.

3. How does experience level affect salary at InnovationMedicine?

Experience level is a significant factor in determining salary at InnovationMedicine, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from InnovationMedicine in Waltham is fair given the local cost of living?

To determine if a salary offer from InnovationMedicine in Waltham is fair, first compare the gross salary to our data for similar roles at InnovationMedicine and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Waltham" to understand its purchasing power.

5. Are the salaries listed for InnovationMedicine on Salary.com pre-tax or after-tax?

All salary figures displayed for InnovationMedicine, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.