Used primarily in the treatment of schizophrenia and bipolar disorder, it helps regulate mood and reduce symptoms such as hallucinations, delusions, and mood swings. It is also prescribed as an add-on treatment for major depressive disorder when used alongside antidepressants. Due to its unique mechanism, it can improve cognitive function and reduce both positive and negative symptoms of psychotic disorders. It is available in oral tablets, orally disintegrating tablets, and injectable forms for acute agitation. Its favorable side effect profile compared to older antipsychotics makes it a common choice for long-term management.