
US biotech major Amgen (Nasdaq: AMGN) yesterday revealed its plan to invest more than $600 million in a new, state-of-the-art center for science and innovation at its global headquarters in Thousand Oaks, California.
The center is designed to bring together researchers, engineers and scientists across disciplines to enhance collaboration and accelerate the discovery of next-generation therapeutics for patients with the most serious diseases. The building will feature advanced automation and digital capabilities, empowering scientists with the tools and environment needed to drive scientific excellence and advancements in biotechnology.
Amgen's investments comes alongside similar commitments from a dozen other US and foreign drugmakers, intensifying pressure from the Trump administration for pharmaceutical companies to onshore manufacturing. The White House has floated tariffs of up to 250%
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