madhapur-jubilee-hills
Amgen to invest $200 mn in Hyderabad expansion by 2025
Amgen, the largest biotechnology company in the US, has opened its new technology and innovation site in Hyderabad, India. The site, located at Shilpa Gram Craft, Madhapur, was inaugurated by Telangana Chief Minister A. Revanth Reddy and Minister for IT and Industries D. Sridhar Babu. The new site will focus on digital capabilities, leveraging AI and data science. Amgen plans to invest $200 million by 2025, creating job opportunities in the biopharma sector. This new site follows the August 2024 announcement of a major research and development center in Hyderabad, expected to generate 3,000 new jobs. The company operates in over 100 countries and employs approximately 27,000 people worldwide.01:36 PM Feb 24, 2025 IST