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Vanda Pharmaceuticals Surges 40% After FDA Approves Fanapt For Bipolar Disorder Treatment

Shares of Vanda Pharmaceuticals Inc. (VNDA) surged over 40% on Wednesday morning after the U.S. Food and Drug Administration approved Fanapt (iloperidone) tablets for the acute treatment of manic or mixed episodes associated with bipolar I disorder in adults.

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FDA approves Fanapt for bipolar disorder in adults

FDA approves Fanapt for bipolar disorder in adults
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Fanapt Approval Expanded to Include Treatment of Bipolar I Disorder

The approval was based on data from a phase 3 study that included approximately 400 adults with a history of bipolar I disorder who had a current episode of mania.

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Vanda Pharmaceuticals' Fanapt® (iloperidone) Receives U.S. FDA Approval for the Acute Treatment of Bipolar I Disorder

Vanda Pharmaceuticals' Fanapt® (iloperidone) Receives U.S. FDA Approval for the Acute Treatment of Bipolar I Disorder
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