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Formation Bio

#14,580 H-1B sponsor of 76,738#265 Pharma & biotech sponsor of 1,27058% roles at wage level III and IV
H-1B Visa Sponsorship 2026

Pharma & biotech Β· H-1B sponsor Β· FY2017–2026

🏒 New York, NY HQ🌐 formation.bio

Does Formation Bio sponsor H-1B visas and green cards?

Yes. Formation Bio has filed 32 H-1B LCAs and 3 PERM green-card cases with the U.S. Department of Labor between FY2018 and FY2026. In FY2025–2026 Formation Bio filed 8 H-1B LCAs at a median base salary of $195,000, about 60% above the national H-1B median of $121,966 for the same period, and 2 green-card cases were decided.

New York, NY accounts for 78% of its H-1B filings.

H-1B filings
32
(FY2018–2026)
Median base pay
$195k
from 8 filings (FY2025–2026)
Pay vs market
+60%
above national median ($122k, FY2025–2026)
Green-card (PERM) filings
3
(FY2022–2026)

H-1B pay & filings by year

Median base salary (line) and H-1B filing volume (bars), by fiscal year

Show the numbers behind this chart
Formation Bio, Inc. H-1B LCA filings and median base salary by fiscal year
Fiscal yearH-1B LCA filingsMedian base salary
FY2026 (partial)1$213k
FY20257$190k
FY20242$234k
FY20237$112k
FY20225$90k
FY20211$150k
FY20202$145k
FY20194$118k
FY20183$120k

A fiscal year marked partial is still in progress, so its total is lower than a complete year and the two are not comparable.

H-1B wage floor & filing outcomes

What this employer pays against the DOL legal minimum, how senior the roles are, and how the filings were decided

Pay vs the legal floor
$145k
6% above the $137k prevailing wage
Role seniority (wage levels)
58% senior
310315
LCA decisions
78.1% certified
25 of 32 filings
Withdrawn 7
USCIS I-129 petition outcomes Β· FY2017–2023
Approved10 petitions
Denied0 petitions
LCA filings by type Β· FY2018–2026
New employment5 filings15.6%
Transfers in11 filings34.4%
Renewals16 filings50%

Green-card (PERM) pay & filings by year

Median green-card offer (line) and PERM filing volume (bars), by fiscal year †

Show the numbers behind this chart
Formation Bio, Inc. green-card (PERM) filings and median offered wage by fiscal year
Fiscal yearPERM filingsMedian base salary
FY2026 (partial)2$134k
FY20221$115k

Green-card route and outcomes

Visa held when the green card was filed
H-1B1

Worker backgrounds Β· FY2017–2024

Where their green-card (PERM) workers studied & came from

Countries of citizenship
India1
Top schools
Johns Hopkins University1
Fields of study
Molecular and Cellular Biology1
Degrees
Bachelor's1

Pay against the local market

Formation Bio’s 10 most-filed occupations and metros, FY2018–FY2026. Its median base salary is 115% of the local BLS median for the same work.

OccupationMetroFilingsFormation Bio payLocal BLS median‑vs market
Software DevelopersNew York, NY12$166,750$138,124121%
Operations Research AnalystsNew York, NY6$106,667$108,80098%
Accountants and AuditorsNew York, NY2$82,500$96,27086%
Natural Sciences ManagersNew York, NY2$228,000$173,930131%
Sales ManagersNew York, NY1$265,000$176,700150%
Human Resources SpecialistsNew York, NY1$90,000$69,920129%
Management AnalystsWashington, DC1$69,930$103,31068%
Software DevelopersOlympia, WA1$140,000$96,300145%
Computer and Information Systems ManagersNew York, NY1$240,000$212,400113%
Data ScientistsBoston, MA1$215,000$131,830163%

About Formation Bio

Name (DOL filings)
Formation Bio, Inc.
Listed
β€”
Sponsoring since
FY2018
Main filing location
New York, NY
Industry
Pharma & biotech
Employees (US, est)
136 (2024)
H-1B filings
32
Median base
$145,000

Formation Bio pays a median H-1B base of $145,000 across FY2017–2026, about 35% above the typical Pharma & biotech sponsor.

H-1B sponsors similar to Formation Bio

EmployerFilings, all yearsRecent filingsMedian baseNew employmentLevel III-IV roles
Fate Therapeutics385$122k2β€”
Metagenomi3814$123k6β€”
Adaptive Biotechnologies363$132k1β€”
Formation Bio328$195k0β€”
Accutar Biotechnology327$112k0β€”
Deciphera Pharmaceuticals325$158k0β€”
Vor Biopharma326$117k0β€”

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