FDA approves Bristol Myers Squibb’s schizophrenia drug, the first new type of treatment in decades
- The U.S. Food and Drug Administration approved Bristol Myers Squibb's schizophrenia drug, Cobenfy, the first new treatment for the disorder in over seven decades.
- Doctors can start prescribing Cobenfy by late October, as stated by Adam Lenkowsky of Bristol Myers Squibb.
- The wholesale cost for Cobenfy will be $1,850 per month, although insurance coverage may lower this for many patients.
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