# Amgen said the investment will expand its Juncos, Puerto Rico-based biologics manufacturing facility.

*biotech · news · 2026-05-04 · MarketScreener*

## Key points

- Amgen is investing an additional $300 million to expand its Juncos, Puerto Rico facility.
- The expansion is a response to new U.S. tariffs of up to 100% on imported branded drugs.
- Amgen's Juncos site supplies medicines to over 60 countries, strengthening global distribution.
- Including this, Amgen has invested $950 million in Puerto Rico in the past two years.
- Trump's executive order allows tariff exemption if companies produce drugs domestically or accept pricing deals.

**Companies:** Amgen
**Countries:** Puerto Rico, United States

[Read the full story on MarketScreener](https://www.marketscreener.com/news/amgen-to-invest-additional-300-million-to-boost-us-manufacturing-footprint-ce7f58ded08aff20)

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