Amgen to Establish Cutting-Edge Technology and Innovation Center in Hyderabad

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On Fri, 9 Aug, 4:03 PM UTC

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American biopharmaceutical giant Amgen announces plans to open a new technology and innovation center in Hyderabad, India. The facility will focus on biotechnology, artificial intelligence, and digital innovation, creating job opportunities and boosting the local economy.

Amgen's Expansion into India

Amgen, a leading American biopharmaceutical company, has announced plans to establish its first presence in India with a new technology and innovation center in Hyderabad 1. The facility, set to open by the end of 2024, will serve as a hub for biotechnology, artificial intelligence, and digital innovation 3.

Strategic Location and Investment

Hyderabad was chosen as the location for Amgen's new center due to its thriving life sciences ecosystem and talented workforce 2. The company plans to invest in the facility and create job opportunities for local talent, although specific investment figures have not been disclosed 5.

Focus on Advanced Technologies

The new center will concentrate on developing cutting-edge technologies in various fields, including:

  1. Artificial Intelligence and Machine Learning
  2. Data Analytics
  3. Digital Health Platforms
  4. Robotic Process Automation
  5. Cybersecurity

These technologies will support Amgen's global operations and contribute to advancements in biotechnology and pharmaceutical research 4.

Impact on Local Economy and Talent Pool

Amgen's expansion into Hyderabad is expected to create numerous job opportunities for local talent, particularly in the fields of technology and biotechnology 1. The company plans to tap into the region's skilled workforce to drive innovation and support its global operations 2.

Collaboration with Local Institutions

Amgen has expressed interest in collaborating with local academic institutions and research organizations to foster innovation and develop talent in the biotechnology sector 5. This partnership approach is expected to contribute to the growth of the life sciences ecosystem in Hyderabad and surrounding areas.

Government Support and Future Prospects

The Telangana government has welcomed Amgen's decision to establish its presence in Hyderabad, viewing it as a significant boost to the state's life sciences and technology sectors 1. The move is anticipated to attract further investments from global biopharmaceutical companies and solidify Hyderabad's position as a key hub for biotechnology and innovation in India.

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