Amgen (AMGN) plans to invest about $200M this year in its new technology center in southern India, with further investments planned, Reuters’ Rishika Sadam reports. “We have wanted for a long time to expand Amgen’s presence in India and that time has come. Amgen is investing an initial $200 million in this center in 2025 and plan to make additional significant investments in future years,” CEO Robert Bradway said at the inauguration of the site.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMGN:
- Amgen (NASDAQ:AMGN) to Invest $200M in India High Tech Site as Trump Tariffs Loom
- Ideaya Biosciences price target lowered to $40 from $53 at Oppenheimer
- Amgen price target raised to $329 from $310 at Piper Sandler
- Amgen price target raised to $275 from $256 at BofA
- Cautious Outlook on Amgen: Sell Rating Amid Modest Growth and Competitive Pressures