The post Amgen to invest $600 million in new R&D facility in California appeared on BitcoinEthereumNews.com. Building rendering of a new, state-of-the-art science and innovation center at Amgen’s global headquarters in Thousand Oaks, California. Courtesy: Amgen Amgen on Tuesday said it will spend more than $600 million to build a new research and development facility at its headquarters in Thousand Oaks, California, the latest in a string of new U.S. investments by the pharmaceutical industry.  Drugmakers have been scrambling to boost their presence in the U.S. as President Donald Trump threatens to clamp down on the industry with tariffs on pharmaceuticals imported into the country. Trump has said those levies will incentivize companies to re-shore production at a time when domestic drug manufacturing has shrunk dramatically over the past decade.  In a release, Amgen said construction of the facility will begin in the third quarter of this year and will create hundreds of U.S. jobs.  Notably, the facility is not a manufacturing plant, but it will allow researchers, engineers and scientists to collaborate on finding next-generation drugs for patients with “the most serious diseases,” according to the company. Amgen said the building features “advanced automation and digital capabilities,” which will give scientists the necessary tools for that research and development.  “At Amgen, we’re continuing to invest in the future of American science and innovation,” CEO Bob Bradway said in the release. “The center will empower our scientists with the tools and collaborative environment they need to shape the next era of scientific discovery and advance medicines that improve human health.” Amgen said that since the passage of the Tax Cuts and Jobs Act of 2017, it has invested almost $5 billion in direct U.S. capital expenditures. In April, the company announced a $900 million expansion of its Ohio biotech manufacturing facility. In December, the drugmaker announced it would spend $1 billion to build a second drug… The post Amgen to invest $600 million in new R&D facility in California appeared on BitcoinEthereumNews.com. Building rendering of a new, state-of-the-art science and innovation center at Amgen’s global headquarters in Thousand Oaks, California. Courtesy: Amgen Amgen on Tuesday said it will spend more than $600 million to build a new research and development facility at its headquarters in Thousand Oaks, California, the latest in a string of new U.S. investments by the pharmaceutical industry.  Drugmakers have been scrambling to boost their presence in the U.S. as President Donald Trump threatens to clamp down on the industry with tariffs on pharmaceuticals imported into the country. Trump has said those levies will incentivize companies to re-shore production at a time when domestic drug manufacturing has shrunk dramatically over the past decade.  In a release, Amgen said construction of the facility will begin in the third quarter of this year and will create hundreds of U.S. jobs.  Notably, the facility is not a manufacturing plant, but it will allow researchers, engineers and scientists to collaborate on finding next-generation drugs for patients with “the most serious diseases,” according to the company. Amgen said the building features “advanced automation and digital capabilities,” which will give scientists the necessary tools for that research and development.  “At Amgen, we’re continuing to invest in the future of American science and innovation,” CEO Bob Bradway said in the release. “The center will empower our scientists with the tools and collaborative environment they need to shape the next era of scientific discovery and advance medicines that improve human health.” Amgen said that since the passage of the Tax Cuts and Jobs Act of 2017, it has invested almost $5 billion in direct U.S. capital expenditures. In April, the company announced a $900 million expansion of its Ohio biotech manufacturing facility. In December, the drugmaker announced it would spend $1 billion to build a second drug…

Amgen to invest $600 million in new R&D facility in California

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Building rendering of a new, state-of-the-art science and innovation center at Amgen’s global headquarters in Thousand Oaks, California.

Courtesy: Amgen

Amgen on Tuesday said it will spend more than $600 million to build a new research and development facility at its headquarters in Thousand Oaks, California, the latest in a string of new U.S. investments by the pharmaceutical industry. 

Drugmakers have been scrambling to boost their presence in the U.S. as President Donald Trump threatens to clamp down on the industry with tariffs on pharmaceuticals imported into the country. Trump has said those levies will incentivize companies to re-shore production at a time when domestic drug manufacturing has shrunk dramatically over the past decade. 

In a release, Amgen said construction of the facility will begin in the third quarter of this year and will create hundreds of U.S. jobs. 

Notably, the facility is not a manufacturing plant, but it will allow researchers, engineers and scientists to collaborate on finding next-generation drugs for patients with “the most serious diseases,” according to the company. Amgen said the building features “advanced automation and digital capabilities,” which will give scientists the necessary tools for that research and development. 

“At Amgen, we’re continuing to invest in the future of American science and innovation,” CEO Bob Bradway said in the release. “The center will empower our scientists with the tools and collaborative environment they need to shape the next era of scientific discovery and advance medicines that improve human health.”

Amgen said that since the passage of the Tax Cuts and Jobs Act of 2017, it has invested almost $5 billion in direct U.S. capital expenditures. In April, the company announced a $900 million expansion of its Ohio biotech manufacturing facility. In December, the drugmaker announced it would spend $1 billion to build a second drug substance plant in Holly Springs, North Carolina.

Those investments come after the U.S. Food and Drug Administration in August launched a program that aims to make it easier for companies to set up new drug manufacturing plants in the U.S. The White House estimates it can currently take five to 10 years to build new manufacturing capacity for pharmaceuticals, which it previously called “unacceptable from a national-security standpoint.”

Don’t miss these insights from CNBC PRO

Source: https://www.cnbc.com/2025/09/02/amgen-investment-rd-facility-california.html

Market Opportunity
DAR Open Network Logo
DAR Open Network Price(D)
$0.006738
$0.006738$0.006738
+0.07%
USD
DAR Open Network (D) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Landmark Court Ruling Rejects Terrorism Financing Claims

Landmark Court Ruling Rejects Terrorism Financing Claims

The post Landmark Court Ruling Rejects Terrorism Financing Claims appeared on BitcoinEthereumNews.com. Binance Lawsuit Dismissed: Landmark Court Ruling Rejects
Share
BitcoinEthereumNews2026/03/07 10:27
IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

The post IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge! appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 18:00 Discover why BlockDAG’s upcoming Awakening Testnet launch makes it the best crypto to buy today as Story (IP) price jumps to $11.75 and Hyperliquid hits new highs. Recent crypto market numbers show strength but also some limits. The Story (IP) price jump has been sharp, fueled by big buybacks and speculation, yet critics point out that revenue still lags far behind its valuation. The Hyperliquid (HYPE) price looks solid around the mid-$50s after a new all-time high, but questions remain about sustainability once the hype around USDH proposals cools down. So the obvious question is: why chase coins that are either stretched thin or at risk of retracing when you could back a network that’s already proving itself on the ground? That’s where BlockDAG comes in. While other chains are stuck dealing with validator congestion or outages, BlockDAG’s upcoming Awakening Testnet will be stress-testing its EVM-compatible smart chain with real miners before listing. For anyone looking for the best crypto coin to buy, the choice between waiting on fixes or joining live progress feels like an easy one. BlockDAG: Smart Chain Running Before Launch Ethereum continues to wrestle with gas congestion, and Solana is still known for network freezes, yet BlockDAG is already showing a different picture. Its upcoming Awakening Testnet, set to launch on September 25, isn’t just a demo; it’s a live rollout where the chain’s base protocols are being stress-tested with miners connected globally. EVM compatibility is active, account abstraction is built in, and tools like updated vesting contracts and Stratum integration are already functional. Instead of waiting for fixes like other networks, BlockDAG is proving its infrastructure in real time. What makes this even more important is that the technology is operational before the coin even hits exchanges. That…
Share
BitcoinEthereumNews2025/09/18 00:32
The U.S. Commodity Futures Trading Commission unveiled a new logo, claiming it will usher in a "golden age" of innovation.

The U.S. Commodity Futures Trading Commission unveiled a new logo, claiming it will usher in a "golden age" of innovation.

PANews reported on March 7 that the U.S. Commodity Futures Trading Commission (CFTC) today unveiled a new logo, stating that it symbolizes the agency's commitment
Share
PANews2026/03/07 10:08