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VP of Drug Discovery Salary in Lombard, IL

How much does a VP of Drug Discovery make in Lombard, IL?

$233,847 (USD)/year

Average Bonus

$28,108 (USD)

per Year
Total Compensation

$258,650.41

As of July, 23, 2026, the average vp of drug discovery gross salary in Lombard, Illinois is $233,847 or an equivalent hourly rate of $112. In addition, vp of drug discoveries earn an average bonus of $28,108. An entry level vp of drug discovery with 1-3 years of experience earns an average salary of $159,153. At the higher end of the pay range, a senior level vp of drug discovery with 8+ years of experience earns an average salary of $293,971. Salary estimates are based on salary survey data collected directly from employers in Lombard, Illinois.
Data powered by ERI

Salary Potential for a VP of Drug Discovery

Explore the estimated salary growth for a VP of Drug Discovery in Lombard, IL for up to 5 years. The estimated salary of a VP of Drug Discovery will be $240,349 in 1 year and $268,215 in 5 years.
View Salary by Year
Estimated Salary
$247,032
Average Growth
5.6 %
The estimated salary for a VP of Drug Discovery in 2 years is $247,032, which is 5.6 % average growth. This information is based on ERI's compensation database.

Typical VP of Drug Discovery Education

This chart displays the highest level of education for VP of Drug Discoveries.

  • 0% of VP of Drug Discoveries have less than a High School Diploma
  • 0% of VP of Drug Discoveries have a High School Diploma
  • 0% of VP of Drug Discoveries have an Associate's Degree
  • 100% of VP of Drug Discoveries have a Bachelor's Degree
  • 0% of VP of Drug Discoveries have a Master's Degree
  • 0% of VP of Drug Discoveries have a Doctorate Degree

The typical field of study for a VP of Drug Discovery is Business Administration and Management.

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Popular Skills for a VP of Drug Discovery

Skills data not available for this job

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Cost of Living in Lombard, IL

The cost of living in Lombard, IL is 15% higher than the national average.
Cost of living trend higher
15% higher
than the national average
Whether you're planning to move or just want to see the cost of living in different locations, our cost-of-living calculator is the place to start. Compare salaries for other locations by city, U.S. ZIP code, state, or country.
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Frequently Asked Questions

What does a VP of Drug Discovery do?
Heads an organization's team of scientists and technicians to achieve scientific objectives by creating and building value through scientific discovery, utilizing scientific and development expertise in biochemistry and early phase drug development. Collaborates with the Chief Strategy Officer, scientific management teams, and other functional groups to develop a process to streamline, track progress and budget, and monitor the organization's drug development activities. Oversees research and development programs and studies; plans, implements, and manages new approaches to drug discovery with regard to generating discovery data sets and overall approaches for due diligence for candidate drug targets.
How much does a VP of Drug Discovery make in Lombard, IL?
The average salary for a VP of Drug Discovery is $233,847 per year or $112.43 per hour in Lombard, IL. Top earners have reported making up to $293,971. However, the typical pay range in Lombard, IL is between $159,153 and $293,971 annually.
What is the salary trajectory for a VP of Drug Discovery?
VP of Drug Discovery is projected to see a 14.7 % salary change in 5 years.
How can you increase your salary?
Increasing your salary often starts with understanding your value in today’s job market. You can increase your earning potential by building your skills, advancing your education, moving into a new role or industry, switching companies, or negotiating pay.
How can you negotiate a salary offer? 
Negotiating a salary offer involves preparation and finding our your market value. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns. Use this personalized report to help negotiate a higher salary offer or find your dream career. 
What are some factors that impact VP of Drug Discovery salaries? 
Several factors can impact your salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect your role can help you spot pay gaps and provide opportunities for a competitive salary.

About Our Data

This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.

ERI compiles the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.

Verified Sources
Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.
Real-Time Data
Our salary database is updated and verified approximately every six weeks.
Quality Assurance
Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.

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