financetom
Business
financetom
/
Business
/
Market Chatter: Amgen to Invest $200 Million in India Site in 2025
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Amgen to Invest $200 Million in India Site in 2025
Feb 24, 2025 4:06 AM

06:35 AM EST, 02/24/2025 (MT Newswires) -- Amgen ( AMGN ) will invest an initial $200 million this year in its new technology center in southern India, Reuters reported Monday, citing Chief Executive Robert Bradway.

The US drugmaker has also planned "significant" investments for future years as part of its plan to expand its presence in India, according to the report.

By the end of the year, the site in Hyderabad city is expected to have a workforce of roughly 2,000, Reuters reported, citing Som Chattopadhyay, national executive for India at Amgen ( AMGN ).

Amgen ( AMGN ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
US CDC approves recommendations for chikungunya vaccines
US CDC approves recommendations for chikungunya vaccines
May 26, 2025
May 6 (Reuters) - The U.S. Centers for Disease Control and Prevention accepted its advisory panel's recommendations on vaccines for chikungunya, a mosquito-borne virus. The recommendations were approved on May 13, 2025, and are now official recommendations of the CDC. ...
US defense secretary Hegseth meets Musk for second time at Pentagon
US defense secretary Hegseth meets Musk for second time at Pentagon
May 26, 2025
WASHINGTON, May 21 (Reuters) - U.S. Defense Secretary Pete Hegseth met billionaire Elon Musk at the Pentagon on Wednesday, officials said, the second known time the close ally of President Donald Trump has visited the department's headquarters. In March, Musk, whose businesses have a number of Defense Department contracts, was granted an unprecedented top-level meeting at the Pentagon. The Secretary...
Soccer-Gritty Spurs finally taste glory with scrappy Europa League triumph over Man Utd
Soccer-Gritty Spurs finally taste glory with scrappy Europa League triumph over Man Utd
May 26, 2025
* Tottenham win first trophy since 2008 * Johnson scores first-half winner * Spurs earn Champions League spot with victory (Adds details) By Fernando Kallas BILBAO, Spain, May 21 (Reuters) - Brennan Johnson's bundled first-half goal helped Tottenham Hotspur win a scrappy Europa League final 1-0 against Manchester United ( MANU ) on Wednesday as they cast aside their domestic...
Copyright 2023-2026 - www.financetom.com All Rights Reserved