Latuda vs. generic lurasidone: Differences and how to save

In this article:

• Is there a generic for Latuda?
• What are the differences between brand-name and generic Latuda?
• How much is generic Latuda?
• Is Latuda covered by insurance?
• How do you get Latuda covered by insurance?
• Generic alternatives to Latuda

In this article

• Is there a generic for Latuda?
• What are the differences between brand-name and generic Latuda?
• How much is generic Latuda?
• Is Latuda covered by insurance?
• How do you get Latuda covered by insurance?
• Generic alternatives to Latuda

Latuda (lurasidone) is a second-generation antipsychotic, also known as an atypical antipsychotic. It is approved by the Food and Drug Administration (FDA) to treat schizophrenia in adults and teenagers 13 years and older. Latuda is also used to treat bipolar depression in adults and children 10 years and older as a single treatment. It can also be used to treat bipolar depression in adult patients as an add-on treatment to lithium or valproate. The active ingredient in Latuda is lurasidone, and it works by balancing levels of neurotransmitters (chemical messengers) in the brain. 

Is there a generic for Latuda?

Yes, there is a generic version of Latuda. The Latuda generic name is lurasidone: the same active ingredient found in the brand-name product, Latuda. Various manufacturers make lurasidone, including Alembic Pharmaceuticals, Inc., Sun Pharma, and Novadoz Pharmaceuticals.

What are the differences between brand-name and generic Latuda?

According to the FDA, generic drugs are medications that are created to be bioequivalent to an already-made brand-name medication. Bioequivalence means that the generic drug works the same way and has the same clinical benefit as the brand-name drug. Generic drugs are considered to be a substitute for their brand-name counterpart. They have the same active ingredients and work the same way, although there may be slight differences in inactive ingredients, which do not affect how the drug works. 

The table below summarizes some important information that applies to both brand-name and generic Latuda. 

How much is generic Latuda?

Generic drugs are often much more affordable than brand-name drugs, and lurasidone is no exception. Without insurance or discounts, a typical one-month supply of brand-name Latuda costs about $1,862 for 30, 40 mg tablets. However, if you fill your prescription with generic lurasidone and use a free SingleCare coupon, you can pay as low as $22. 

Prescription drug prices often change. These are the most accurate medication prices at the time of publishing in ZIP code 23666 as of Dec. 22, 2025. 

Is Latuda covered by insurance?

Many insurance plans provide coverage for lurasidone, especially since it is a lower-cost generic version of Latuda. Brand-name Latuda may not be covered or may have a higher copay. Medicare prescription plans often cover generic lurasidone, but out-of-pocket costs may vary. Medicaid coverage varies by state. The best way to find out if your specific health insurance company is to contact them directly or check the most recent formulary for coverage and cost information. 

How do you get Latuda covered by insurance?

Many insurance plans provide coverage for generic lurasidone, so in most cases, getting your prescription covered should be straightforward. Your healthcare provider can send a prescription to your preferred pharmacy, and the pharmacy staff will process the claim electronically and tell you if the drug is covered or if your insurance plan requires a prior authorization. 

If you would like to fill your prescription with brand-name Latuda, it may be less likely to be covered, have a higher copay, or require prior authorization. 

If you want to check your coverage first, you can call your insurance provider or check the most recent online formulary. 

Generic alternatives to Latuda

In addition to lurasidone, there are also several other generic atypical antipsychotics. If you are interested in changing to a different medication, it is important to consult your healthcare provider for guidance on which medicine is best for you based on individual considerations. Although drugs in this class share similarities, each drug varies slightly in FDA-approved specific uses, side effects, and warnings, so only your health care provider can give you medical advice on making the switch. Some generic drugs in this group of medications include:

• Aripiprazole (generic Abilify)
• Olanzapine (generic Zyprexa)
• Quetiapine (generic Seroquel)
• Risperidone (generic Risperdal)
• Ziprasidone (generic Geodon)

Expert takeaway 

“Talk to your healthcare provider about any dietary considerations to follow while taking Latuda,” says Karen Berger, Pharm.D., member of the SingleCare Medical Board. “This medicine should always be taken with at least 350 calories of food, and you should avoid grapefruit and grapefruit juice due to an interaction. You should also avoid alcohol, because it can worsen the side effects of Latuda or generic lurasidone.”