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Vanda surges after FDA approval for antipsychotic drug

ReutersFeb 20, 2026 11:35 PM

Shares of drugmaker Vanda Pharmaceuticals' VNDA.O rise 34.7% to $7.77 in extended trading

U.S. FDA approves co's antipsychotic drug Bysanti

Drug aimed at treating mental health conditions schizophrenia and acute bipolar I disorder

Approval comes with FDA's most serious warning of increased risk of death in elderly patients with dementia-related psychosis

In 2025, stock rose 84.1%

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