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Novartis to discontinue development of long acting Fanapt for Schizophrenia

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Last updated:13th Oct 2012
Published:13th Oct 2012
Source: Pharmawand
Novartis Pharma AG is discontinuing development of a long-acting injectable version of Fanapt (iloperidone) reported Vanda Pharmaceuticals in a securities filing. Novartis has marketed Fanapt, which is Vanda�s lead product, since 2010. Novartis has exclusive rights to develop and commercialize other formulations of Fanapt in the USA and Canada.

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