Key takeaways
Latuda (lurasidone) and Fanapt (iloperidone) are both atypical antipsychotics used to treat schizophrenia, but they have some key differences. Latuda is available in both generic and brand forms, while Fanapt is available as a brand name and generic for schizophrenia only. Latuda is also approved for treating depression from bipolar disorder in both adults and children, whereas Fanapt is only approved for schizophrenia and bipolar disorder in adults. You take Latuda once a day, but Fanapt needs to be taken twice a day. Latuda is less likely to cause weight gain compared to other antipsychotics, while Fanapt can cause some weight gain, though it is generally less significant. Both medications can cause sleepiness and dizziness, but Latuda has a higher risk of causing movement problems like tardive dyskinesia. Fanapt requires a strict dosing schedule when you first start taking it, which can be inconvenient.
