The FDA has finally approved a new drug! It's about time FDA! What's going on with all these long delays? (They must be over-worked and under-staffed). Remind me never to take a government job.
The FDA has approved Fanapt (iloperidone) for the treatment of schizophrenia. Fanapt is an atypical antipsychotic and is manufactured by Patheon Inc. of Mississauga, Ontario, for Vanda Pharmaceuticals Inc., Rockville, Md.
The last atypical antipsychotic that was approved by the FDA was aripiprazole (Abilify) in 2002. Has it really been that long? I can still remember hearing the announcement about this drug like it was yesterday.