Pharma
Amgen to scale back plan for €1bn Waterford campus
US biotech company will not need the large campus proposed by Horizon, which it is in the process of acquiring
Amgen, the biotech giant, is to scale back its planned €1 billion campus in Waterford following its acquisition of Horizon Therapeutics, the Business Post understands.
The US drug company is understood to be assessing plans to reduce the investment to a stand-alone €400 million facility, which will either be located in Waterford city or at the company’s existing site in Dún Laoghaire, Co Dublin.
In December last year, Amgen announced it had struck a €25 ...