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US biotech firm Amgen’s $200 million tech and innovation centre in Hyderabad inaugurated by Telangana CM

US biotech firm Amgen’s $200 million tech and innovation centre in Hyderabad inaugurated by Telangana CM

The Hindu
Monday, February 24, 2025 07:57:10 AM UTC

US biotech major Amgen opens $200M tech and innovation center in Hyderabad, contributing to city's growth.

Global biotech leader Amgen opened its $200 million technology and innovation centre in Hyderabad, a facility that will help the U.S. firm ramp up digital capabilities, open more opportunities for the talent pool of the region and build on the city’s position as an emerging hub for global capability centres (GCC).

The company has already hired 300 people for the facility, plan to onboard an additional 300 soon while pursuing a goal of having a headcount of 2,000 by this year.

Inaugurating the facility, Telangana Chief Minister A. Revanth Reddy on Monday (February 24, 2025) said that opening of the facility is coming together of two global leaders - Amgen and Hyderabad.

The firm has selected Hyderabad for setting up the hub of innovation to tap into the world class talent available in Telangana as well on account of Hyderabad being a pioneer in pharma and life sciences sectors.

Mr. Reddy sought to highlight the importance of industrial development for the $1 trillion economy goal by 2030 the State government is pursuing. Assuring support to Amgen and recalling his visit and meeting with the firm’s leadership during his visit to the U.S. last year, the Chief Minister said the State is also keen on positioning itself as location to benefit from the China plus one strategy of several global firms. He also urged the company to consider investing more in Hyderabad, enhance the scope of research besides contributing to the efforts of the State government in enhancing skill development.

Amgen chairman Robert A. Bradway said the firm has been wanting to expand to India for sometime. Appreciating Hyderabad for the innovation work it hosts and supporting an enabling ecosystem, he said the company will be investing $200 million by this year and plans to make additional investment in future. Amgen was founded in 1980 and employs 28,000 people across 100 countries.

Industries and IT Minister D. Sridhar Babu said the facility has been set up in a short time since the Chief Minister led delegation met the leadership last year. It is beginning of “an exciting new chapter” in the Life Sciences journey of Hyderabad and poised to shape and contribute to future of health care.The city is also becoming a hub for GCCs, he said.

Read full story on The Hindu
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