Pharmadax Inc. announced that U.S. Food and Drug Administration (FDA) has approved a generic equivalent to Seroquel XR® (quetiapine fumarate) ER tablets, 50 mg, 150 mg, 200 mg, 300 mg and 400 mg. Pharmadax has launched the product with their Marketing Partner, TruPharma LLC. Seroquel XR® is a once-daily tablet indicated for the treatment of schizophrenia; acute depressive episodes in bipolar disorder; acute manic or mixed episodes in bipolar disorder alone or with lithium or divalproex; and adjunctive therapy to antidepressants for patients with major depressive disorder (MDD).