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Two medicines, side by side

Milsaperidone vs iloperidone

Milsaperidone and iloperidone are both labeled for bipolar disorder and schizophrenia. Drugs@FDA records approvals of milsaperidone since 2026 and of iloperidone since 2009.

Check it at the source: the milsaperidone FDA label on DailyMed (effective February 27, 2026); the iloperidone FDA label on DailyMed (effective May 6, 2026).

Highlights of the milsaperidone record

Milsaperidone (Bysanti) · label of February 27, 2026

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. BYSANTI is not approved for the treatment of patients with dementia-related psychosis [see Warnings and Precautions (5.1) ]. WARNING: INCREASED MORTALITY IN ELDERLY PATIENTS WITH DEMENTIA-RELATED PSYCHOSIS See full prescribing information for complete boxed warning.

Used for

From the label: indications

BYSANTI ™ is indicated for the: Treatment of schizophrenia in adults [see Clinical Studies (14.1) ]. Acute treatment of manic or mixed episodes associated with bipolar I disorder in adults [see Clinical Studies (14.2) ]. BYSANTI is an atypical antipsychotic indicated for: Treatment of schizophrenia in adults. ( 1 , 14.1 ) Acute treatment of manic or mixed episodes associated with bipolar I disorder in adults.

On the market

Earliest approval on file
February 20, 2026
Generic labelers
none listed
Pharmacy cost
Not in the survey

Supply and safety

Shortage
No current entry
Recalls
0

Highlights of the iloperidone record

Iloperidone (Fanapt) · label of May 6, 2026

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. FANAPT is not approved for the treatment of patients with dementia-related psychosis [see Warnings and Precautions (5.1) ]. WARNING: INCREASED MORTALITY IN ELDERLY PATIENTS WITH DEMENTIA-RELATED PSYCHOSIS See full prescribing information for complete boxed warning.

Used for

From the label: indications

FANAPT ® is indicated for: Treatment of schizophrenia in adults [see Clinical Studies (14.1) ]. Acute treatment of manic or mixed episodes associated with bipolar I disorder in adults [see Clinical Studies (14.2) ]. FANAPT is an atypical antipsychotic indicated for: Treatment of schizophrenia in adults. ( 1 , 14.1 ) Acute treatment of manic or mixed episodes associated with bipolar I disorder in adults.

On the market

Earliest approval on file
May 6, 2009
Generic labelers
1 labeler
Pharmacy cost
$60.01 per tablet

Supply and safety

Shortage
No current entry
Recalls
0

Source: FDA drug labels via openFDA (Milsaperidone label of February 27, 2026, Iloperidone label of May 6, 2026); NDC Directory, Drugs@FDA, NADAC, FDA shortages and recalls (October 8, 2026)

How do milsaperidone and iloperidone differ on the record?

How each works, in its label's words: Milsaperidone, “The mechanism of action of milsaperidone in the treatment of schizophrenia in adults and the acute treatment of manic or mixed episodes associated with bipolar I disorder in adults is unknown.”; Iloperidone, “The mechanism of action of iloperidone in schizophrenia and bipolar I disorder is unknown.”

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

Generics: milsaperidone none approved; iloperidone since 2016 (Drugs@FDA).

MilsaperidoneIloperidone
Labeled forSchizophrenia, Bipolar disorderSchizophrenia, Bipolar disorder
Pharmacologic classn/aAtypical Antipsychotic
How it works (label)The mechanism of action of milsaperidone in the treatment of schizophrenia in adults and the acute treatment of manic or mixed episodes associated with bipolar I disorder in adults is unknown.The mechanism of action of iloperidone in schizophrenia and bipolar I disorder is unknown. However, the efficacy of iloperidone could be mediated through a combination of dopamine type 2 (D 2 ) and serotonin type 2 (5-HT 2 ) antagonism.
Half-life (label)n/an/a
Earliest approval on file (Drugs@FDA)February 20, 2026May 6, 2009
First generic approvednoneNovember 28, 2016
Generic labelers (NDC)none listed1 labeler
Pharmacy cost (NADAC, each one's most listed form; strengths differ)n/a$60.01 per tablet (Fanapt 12 mg tablet)
12-month price changen/a+4%
Boxed warningYesYes
Shortage nowNo current entryNo current entry
Recalls recorded00
FAERS reports (a report is not proof of cause; counts follow how widely a medicine is used)n/a1,470
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)

Do their labels mention each other?

Milsaperidone label, drug interactions

Strong CYP2D6 inhibitors increased exposure of milsaperidone and iloperidone [see Clinical Pharmacology (12.3, 12.5) ], which may increase the risk of BYSANTI-associated adverse reactions.

Milsaperidone label, warnings and precautions

In a QTc study, the use of iloperidone (iloperidone and milsaperidone rapidly interconvert in vivo) was associated with QTc interval prolongation, especially with concomitant use of a CYP2D6 inhibitor or a CYP3A4 inhibitor.

What both labels say about taking them together

Source: FDA drug labels via openFDA

What next?

Alternatives to milsaperidone
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