Glenmark Pharmaceuticals reported a sharp 72% surge in its second-quarter profit, driven primarily by a milestone payment from its strategic licensing agreement with U.S.-based biopharmaceutical major AbbVie. The strong quarterly showing underscores the company’s ability to monetize its research pipeline while strengthening its financial position through partnerships that enhance global market access. Improved profitability comes at a crucial time for India’s pharmaceutical sector, which continues to focus on innovation-led growth and regulatory compliance.