formularize vs formulate

formularize and formulate both are verbs.

Word	Noun	Adjective	Verb	Adverb
formularize	No	No	Yes	No
formulate	No	No	Yes	No

As verbs, formulate is a hypernym of formularize; that is, formulate is a word with a broader meaning than formularize:

Other hypernyms of formularize include articulate, give voice, phrase, word.

formularize (verb)	formulate (verb)
express as a formula	put into words or an expression
	elaborate, as of theories and hypotheses
	come up with (an idea, plan, explanation, theory, or principle) after a mental effort
	prepare according to a formula