Amgen to invest additional $300 million to boost US manufacturing footprint
BY Reuters | ECONOMIC | 09:40 AM EDTMay 4 (Reuters) - Amgen
Global drugmakers have been boosting manufacturing in the country in response to President Donald Trump's tariffs that could reach 100% on imported branded medicines.
* Amgen
* This adds to the drugmaker's previously announced investments of $650 million in Puerto Rico last year, expected to create 750 jobs.
* Trump signed an executive order in April imposing 100% tariffs on branded pharmaceuticals imported into the U.S. unless manufacturers agreed to government drug-pricing deals or committed to making their products domestically.
* Amgen
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