FDA Approves Luye Pharma’s Rykindo for Schizophrenia
Luye Pharma has received its first FDA approval for Rykindo, an injectable formulation of the antipsychotic risperidone administered every two weeks. Rykindo has been approved by the US Food and Drug Administration for the treatment of schizophrenia as well as monotherapy or adjunctive therapy to lithium or valproate for the maintenance treatment of bipolar I disorder in adults.
The bi-weekly intramuscular shot, which was also approved in China in 2021, will enter a crowded market for long-acting injectable (LAI) schizophrenia therapies in the United States, where it will face stiff competition from drugs that...