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Lack of evidence: There is little evidence to suggest that low dose Seroquel is an effective treatment for insomnia. Despite the drugâs perception of being an effective treatment for insomnia, there is minimal evidence in support of these claims.
The Food and Drug Administration (FDA) approved quetiapine in 1997 under the brand name Seroquel for drug manufacturer AstraZeneca. Two years earlier, AstraZeneca agreed to pay $520 million to settle federal investigations into the drug maker's marketing practices for Seroquel.xperts don't know whether Seroquel is a safe and effective treatment for schizophrenia in children younger than 13. The safety of the drug for treating bipolar mania in children younger than 10 and bipolar depression in children younger than 18 is also unknown.