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Formulation Development Jobs in Indianapolis, IN

Senior Materials Engineer

Indianapolis, IN · On-site

$99K - $137K/yr

Hands-on experience with polymer formulation, compounding, process development, scale-up, and manufacturing support is essential. Industrial experience in polymer compounding is strongly preferred.

Senior Materials Engineer

Indianapolis, IN

$99K - $137K/yr

Hands-on experience with polymer formulation, compounding, process development, scale-up, and manufacturing support is essential. Industrial experience in polymer compounding is strongly preferred ...

... development of our people. Whether at our manufacturing facilities or corporate headquarters, PLZ ... Learn more at www.plzcorp.com/careers or visit We are currently seeking a Formulation Chemist II to ...

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Formulation Development information

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How much do formulation development jobs pay per hour?

As of Aug 7, 2026, the average hourly pay for formulation development in Indianapolis, IN is $21.82, according to ZipRecruiter salary data. Most workers in this role earn between $17.45 and $21.83 per hour, depending on experience, location, and employer.

What are some common challenges faced in a formulation development role, and how are they typically addressed?

Professionals in Formulation Development often encounter challenges such as ensuring product stability, achieving desired drug release profiles, and scaling up formulations from the laboratory to manufacturing. These challenges are typically addressed by conducting thorough pre-formulation studies, collaborating closely with analytical and process engineers, and performing iterative testing to optimize formulations. Teamwork and effective communication with quality assurance and regulatory teams are also crucial to ensure products meet both efficacy and compliance standards.

What are the key skills and qualifications needed to thrive in formulation development?

To excel in Formulation Development, a solid background in chemistry, pharmaceutical sciences, or related fields, often with a relevant degree, is essential. Experience with analytical instruments, formulation software, and knowledge of Good Manufacturing Practices (GMP) or regulatory guidelines are typically required. Strong problem-solving abilities, attention to detail, and effective cross-functional communication set top performers apart. These skills ensure the creation of safe, effective, and compliant products that meet both scientific and regulatory standards.

What is the difference between Formulation Development vs Formulation Scientist?

AspectFormulation DevelopmentFormulation Scientist
CredentialsBachelor's or Master's in Pharmacy, Chemistry, or related fieldsBachelor's or Master's in Pharmacy, Chemistry, or related fields
Work EnvironmentResearch labs, pharmaceutical companies, R&D departmentsResearch labs, pharmaceutical companies, R&D departments
Industry UsageDesigning and optimizing drug formulations for productionDeveloping and testing drug formulations, conducting experiments

Formulation Development focuses on designing and optimizing drug formulations for manufacturing, while Formulation Scientists conduct experiments and testing to develop these formulations. Both roles require similar educational backgrounds and work environments, but their specific responsibilities differ in scope and focus.

What is formulation development?

Formulation development is the process of designing and optimizing the composition of a pharmaceutical product, such as a tablet, capsule, or injectable, to ensure its safety, efficacy, and stability. This involves selecting appropriate active ingredients, excipients, and delivery methods to achieve the desired therapeutic effect. Professionals in formulation development work to address challenges like solubility, bioavailability, and manufacturability, while ensuring compliance with regulatory standards. Their work is essential for turning a drug candidate into a viable, market-ready product.
What are the most commonly searched types of Formulation Development jobs in Indianapolis, IN? The most popular types of Formulation Development jobs in Indianapolis, IN are:
What are popular job titles related to Formulation Development jobs in Indianapolis, IN? For Formulation Development jobs in Indianapolis, IN, the most frequently searched job titles are:
What job categories do people searching Formulation Development jobs in Indianapolis, IN look for? The top searched job categories for Formulation Development jobs in Indianapolis, IN are:
Infographic showing various Formulation Development job openings in Indianapolis, IN as of August 2026, with employment types broken down into 1% As Needed, 81% Full Time, 15% Part Time, and 3% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $45,392 per year, or $21.8 per hour.

Principal Scientist, Radiopharmaceutical Development/CMC

Bristol Myers Squibb

Indianapolis, IN

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 28 days ago


Bristol Myers Squibb rating

8.2

Company rating: 8.2 out of 10

Based on 51 frontline employees who took The Breakroom Quiz

33rd of 86 rated pharmaceutical


Job description

At RayzeBio, every day is an opportunity to ignite meaningful change. As a wholly-owned subsidiary of Bristol Myers Squibb, RayzeBio blends the nimble, pioneering spirit of an emergent biotech with the global expertise and resources of a leading innovator in oncology. Our mission is to develop transformative radiopharmaceutical therapies that offer new hope for patients living with cancer. Here, you'll join a multidisciplinary team where your ideas are valued, your expertise is amplified, and collaboration is at the heart of everything we do. From day one, expect to make an immediate impact-on our science, on our teams, and most importantly, on patients. Learn more about RayzeBio: https://careers.bms.com/rayzebio/

Summary

The Principal Scientist, Radiopharmaceutical Development/CMC will play a key role in driving pre-clinical, early-, and late-stage development and lifecycle management of radiopharmaceuticals for clinical use. As a scientific and technical leader, this individual will be instrumental in advancing RayzeBio's innovative drug products from bench to clinic and beyond.

The Principal Scientist will provide leadership across multiple stages of drug development - including formulation development and optimization, IND-enabling studies, and scale-up and automation development - while collaborating cross-functionally with discovery, pharmacology, CMC, toxicology, and clinical teams to accelerate novel therapeutics toward patients in need.

Job Responsibilities

Essential duties and responsibilities include the following. Other duties may be assigned.

Provide scientific and technical leadership across RayzeBio's drug product development platform, driving end-to-end process development, scale-up, and the translation of novel processes into robust, repeatable GMP manufacturing operations.

Lead, design, plan, and execute scientific experiments supporting the development, scale-up, and automation of radiopharmaceutical drug product and API manufacturing processes.

Drive the technology transfer of drug products and APIs from preclinical through clinical manufacturing stages, ensuring seamless transitions and sustained process continuity.

Partner with Engineering and Operations to define user requirements and technical specifications, influence equipment design and selection for drug product manufacturing.

Investigate manufacturing gaps and deviations through rigorous root cause analysis, leading the development and execution of corrective actions and continuous process improvement initiatives.

Author technical reports, development summaries, and source documents to support regulatory filings, including CMC sections for IND and NDA submissions to the FDA, as well as filings for international regulatory jurisdictions (e.g., EMA, Health Canada).

Collaborate cross-functionally with Regulatory, Quality, Supply Chain, Clinical, and R&D teams to ensure scientific and operational alignment with program milestones and corporate objectives.

Mentor and develop junior scientists, fostering a culture of scientific excellence, continuous learning, and operational rigor.

Support commercialization activities for radiopharmaceutical products, contributing to the successful transition from clinical to commercial-scale manufacturing.

Travel up to 20% as required to support program needs and site activities.

Education and Experience

Ph.D., M.S., or B.S. in Chemistry, Chemical Engineering, Pharmaceutical Sciences, or a related field, with requisite industry experience.

8+ years of experience in drug development, manufacturing, CMC or related fields in a pharmaceutical industry, preferably radiopharmaceuticals.

Demonstrated experience in radiopharmaceutical formulation development, process development, and GMP manufacturing.

Proven track record of leading and executing IND-enabling studies and supporting regulatory submissions (IND, NDA, or equivalent).

Experience with technology transfer from preclinical to clinical manufacturing environments.

Working knowledge of GMP regulations (FDA, EMA, ICH guidelines) and NRC regulatory requirements.

Experience working in hot cell environments and with automated synthesis platforms is highly desirable.

Skills and Qualifications

Strong understanding of GMP, FDA/EMA regulations, and ICH guidelines.

Strong problem-solving abilities and the ability to manage multiple projects in a fast-paced environment.

Excellent project management and cross-functional collaboration skills.

Excellent technical writing skills.

Experience with alpha/gamma emitting radionuclides.

Applies AI to improve team execution and decisionmaking

Physical Demands

While performing the duties of thisjob, the employee is regularly required to sit, reach with hands and arms, and talk or hear. The employee must occasionally lift and/or move up to 15 pounds. Specific vision abilities required by thisjobincludeclose vision and distance vision.

This is a position that requires working in a laboratory environment, protective clothing, gloves, and safety glasses are required while working in a laboratory environment with radioactive materials.

WorkEnvironment

The noise level in theworkenvironment is usually moderate.

#LI-Onsite

If you come across a role that intrigues you but doesn't perfectly line up with your resume, we encourage you to apply anyway. You could be one step away from work that will transform your life and career.

Compensation Overview:

Indianapolis - RayzeBio - IN: $124,449 - $150,803

The starting compensation range(s) for this role are listed above for a full-time employee (FTE) basis. Additional incentive cash and stock opportunities (based on eligibility) may be available. The starting pay rate takes into account characteristics of the job, such as required skills, where the job is performed, the employee's work schedule, job-related knowledge, and experience. Final, individual compensation will be decided based on demonstrated experience.
Eligibility for specific benefits listed on our careers site may vary based on the job and location. For more on benefits, please visit https://careers.bms.com/life-at-bms/.

Benefit offerings are subject to the terms and conditions of the applicable plans in effect at the time and may require enrollment. Our benefits include:

  • Health Coverage: Medical, pharmacy, dental, and vision care.

  • Wellbeing Support: Programs such as BMS Well-Being Account, BMS Living Life Better, and Employee Assistance Programs (EAP).

  • Financial Well-being and Protection: 401(k) plan, short- and long-term disability, life insurance, accident insurance, supplemental health insurance, business travel protection, personal liability protection, identity theft benefit, legal support, and survivor support.

Work-life benefits include:

Paid Time Off

  • US Exempt Employees: flexible time off (unlimited, with manager approval, 11 paid national holidays (not applicable to employees in Phoenix, AZ, Puerto Rico or Rayzebio employees)

  • Phoenix, AZ, Puerto Rico and Rayzebio Exempt, Non-Exempt, Hourly Employees: 160 hours annual paid vacation for new hires with manager approval, 11 national holidays, and 3 optional holidays

Based on eligibility*, additional time off for employees may include unlimited paid sick time, up to 2 paid volunteer days per year, summer hours flexibility, leaves of absence for medical, personal, parental, caregiver, bereavement, and military needs and an annual Global Shutdown between Christmas and New Years Day.

All global employees full and part-time who are actively employed at and paid directly by BMS at the end of the calendar year are eligible to take advantage of the Global Shutdown.

*Eligibility Disclosure: The summer hours program is for United States (U.S.) office-based employees due to the unique nature of their work. Summer hours are generally not available for field sales and manufacturing operations and may also be limited for the capability centers. Employees in remote-by-design or lab-based roles may be eligible for summer hours, depending on the nature of their work, and should discuss eligibility with their manager. Employees covered under a collective bargaining agreement should consult that document to determine if they are eligible. Contractors, leased workers and other service providers are not eligible to participate in the program.

RayzeBio and Bristol Myers Squibb

RayzeBio was acquired by Bristol Myers Squibb (BMS) in 2024 and is a wholly-owned subsidiary of BMS; however, RayzeBio will continue to operate as a standalone organization.

Supporting People with Disabilities

BMS and RayzeBio are dedicated to ensuring that people with disabilities can excel through a transparent recruitment process, reasonable workplaceaccommodations/adjustmentsand ongoing support in their roles. Applicants can request a reasonable workplaceaccommodation/adjustmentprior to accepting a job offer. If you require reasonableaccommodations/adjustmentsin completing this application, or in any part of the recruitment process, direct your inquiries toadastaffingsupport@bms.com. Visitcareers.bms.com/eeo-accessibilityto access our complete Equal Employment Opportunity statement.

Candidate Rights

BMS and RayzeBio will consider for employment qualified applicants with arrest and conviction records, pursuant to applicable laws in your area.

If you live in or expect to work from Los Angeles County if hired for this position, please visit this page for important additional information:https://careers.bms.com/california-residents/

Data Protection

We will never request payments, financial information, or social security numbers during our application or recruitment process. Learn more about protecting yourself at https://careers.bms.com/fraud-protection/

Any data processed in connection with role applications will be treated in accordance with applicable data privacy policies and regulations.

If you believe that the job posting is missing information required by local law or incorrect in any way, please contact BMS at TAEnablement@bms.com. Please provide the Job Title and Requisition number so we can review. Communications related to your application should not be sent to this email and you will not receive a response.

R1603030 : Principal Scientist, Radiopharmaceutical Development/CMC

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About Bristol-Myers Squibb

Sourced by ZipRecruiter

Bristol-Myers Squibb is a world-renowned global Biopharmaceutical company headquartered in New York, NY, US. Established in 1887, the company has more than 130 years’ worth of history dedicated to discovering, developing, and delivering innovative medicines that help patients prevail over serious diseases. The company operates in the healthcare industry and thrives on providing a range of pharmaceutical products and services for various medical fields, like oncology, cardiovascular diseases, and immunoscience. Notably, Bristol-Myers Squibb is known for its commitment to relentless research and innovative drug development, which has led to breakthroughs like Opdivo, one of the first immunotherapies.

Industry

Scientific research and development services and pharmaceutical and medicine manufacturing

Company size

10,000+ Employees

Headquarters location

New York, NY, US