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Two medicines, side by side

Asenapine vs lurasidone

Asenapine and lurasidone are both labeled for bipolar disorder and schizophrenia. Drugs@FDA records approvals of asenapine since 2009 and of lurasidone since 2010. Pharmacies paid $2.63 per tablet (Asenapine 10 mg tablet sl) and $0.142 per lurasidone HCl 20 mg tablet (NADAC, October 7, 2026); the strengths differ, so the two prices are not like for like. How each works, in its label's words: Asenapine, “The mechanism of action of asenapine, in schizophrenia and bipolar I disorder, is unknown.”; Lurasidone, “The mechanism of action of lurasidone in the treatment of schizophrenia and bipolar depression is unclear.”

Check it at the source: the asenapine FDA label on DailyMed (effective January 31, 2025); the lurasidone FDA label on DailyMed (effective January 31, 2025).

Highlights of the asenapine record

Asenapine (Saphris) · label of January 31, 2025

Boxed warning

INCREASED MORTALITY IN ELDERLY PATIENTS WITH DEMENTIA-RELATED PSYCHOSIS Elderly patients with dementia-related psychosis treated with antipsychotic drugs are at an increased risk of death. SAPHRIS ® (asenapine) is not approved for the treatment of patients with dementia-related psychosis [see Warnings and Precautions ( 5.1, 5.2 )]. WARNING: INCREASED MORTALITY IN ELDERLY PATIENTS WITH DEMENTIA-RELATED PSYCHOSIS See full prescribing information for complete boxed warning.

Used for

From the label: indications

AN D USAGE SAPHRIS is indicated for: Schizophrenia in adults [see Clinical Studies ( 14.1 )] Bipolar I disorder [see Clinical Studies ( 14.2 )] • Acute monotherapy of manic or mixed episodes, in adults and pediatric patients 10 to 17 years of age • Adjunctive treatment to lithium or valproate in adults • Maintenance monotherapy treatment in adults SAPHRIS is an atypical antipsychotic indicated for ( 1 ): […]

On the market

Earliest approval on file
August 13, 2009
Generic labelers
5 labelers
Pharmacy cost
$2.63 per tablet

Supply and safety

Shortage
No current entry
Recalls
3

Highlights of the lurasidone record

Lurasidone (Latuda) · label of January 31, 2025

Boxed warning

INCREASED MORTALITY IN ELDERLY PATIENTS WITH DEMENTIA-RELATED PSYCHOSIS; and SUICIDAL THOUGHTS AND BEHAVIORS WARNING: INCREASED MORTALITY IN ELDERLY PATIENTS WITH DEMENTIA-RELATED PSYCHOSIS; and SUICIDAL THOUGHTS AND BEHAVIORS See full prescribing information for complete boxed warning. Elderly patients with dementia-related psychosis treated with antipsychotic drugs are at an increased risk of death. LATUDA is not approved for the treatment of patients with dementia-related psychosis ( 5.1 ).

Used for

From the label: indications

LATUDA is indicated for: Treatment of adult and adolescent patients (13 to 17 years) with schizophrenia [see Clinical Studies ( 14.1 )]. Monotherapy treatment of adult and pediatric patients (10 to 17 years) with major depressive episode associated with bipolar I disorder (bipolar depression) [see Clinical Studies ( 14.2 )]. […]

On the market

Earliest approval on file
October 28, 2010
Generic labelers
28 labelers
Pharmacy cost
$0.142 per tablet

Supply and safety

Shortage
No current entry
Recalls
2

Source: FDA drug labels via openFDA (Asenapine label of January 31, 2025, Lurasidone label of January 31, 2025); NDC Directory, Drugs@FDA, NADAC, FDA shortages and recalls (October 8, 2026)

How do asenapine and lurasidone differ on the record?

How each works, in its label's words: Asenapine, “The mechanism of action of asenapine, in schizophrenia and bipolar I disorder, is unknown.”; Lurasidone, “The mechanism of action of lurasidone in the treatment of schizophrenia and bipolar depression is unclear.”

Both are in FDA's class atypical antipsychotics.

Both labels carry a boxed warning; the records quote them.

Generics: asenapine since 2020; lurasidone since 2019 (Drugs@FDA).

AsenapineLurasidone
Labeled forSchizophrenia, Bipolar disorderSchizophrenia, Bipolar disorder, Depression
Pharmacologic classAtypical AntipsychoticAtypical Antipsychotic
How it works (label)The mechanism of action of asenapine, in schizophrenia and bipolar I disorder, is unknown.The mechanism of action of lurasidone in the treatment of schizophrenia and bipolar depression is unclear.
Half-life (label)Following an initial more rapid distribution phase, the mean terminal half-life is approximately 24 hrs.n/a
Earliest approval on file (Drugs@FDA)August 13, 2009October 28, 2010
First generic approvedDecember 10, 2020January 3, 2019
Generic labelers (NDC)5 labelers28 labelers
Pharmacy cost (NADAC, each one's most listed form; strengths differ)$2.63 per tablet (Asenapine 10 mg tablet sl)$0.142 per tablet (Lurasidone HCl 20 mg tablet)
12-month price change+5%-28%
Boxed warningYesYes
Shortage nowNo current entryNo current entry
Recalls recorded32
FAERS reports (a report is not proof of cause; counts follow how widely a medicine is used)8,66720,803
DEA schedulenonenone

Source: Drugs@FDA, FDA NDC Directory, CMS NADAC of October 7, 2026, FDA shortages and recalls, FAERS via openFDA (FDA files October 8, 2026)

What next?

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