diff --git a/pyproject.toml b/pyproject.toml
index 88431e2..245fdac 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [project]
 name = "wanga"
-version = "0.2.3"
+version = "0.2.4"
 description = "A library for interacting with Large Language Models."
 authors = [{ name = "Artur Chakhvadze", email = "norpadon@gmail.com" }]
 license = { text = "MIT" }
diff --git a/tests/test_schema.py b/tests/test_schema.py
index 4248371..25328c0 100644
--- a/tests/test_schema.py
+++ b/tests/test_schema.py
@@ -1,16 +1,18 @@
 import collections
 import collections.abc
 import inspect
+import platform
 import typing
 from dataclasses import dataclass
 from datetime import datetime, timedelta
+from textwrap import dedent
 
 from attrs import frozen
 from pydantic import BaseModel
 
 from wanga.schema.extractor import DEFAULT_SCHEMA_EXTRACTOR
 from wanga.schema.jsonschema import JsonSchemaFlavor
-from wanga.schema.normalize import normalize_annotation, unpack_optional
+from wanga.schema.normalize import normalise_aliases, normalize_annotation, unpack_optional
 from wanga.schema.schema import (
     CallableSchema,
     LiteralNode,
@@ -359,6 +361,36 @@ class Hoo(BaseModel):
     assert DEFAULT_SCHEMA_EXTRACTOR.extract_schema(Hoo) == hoo_schema
 
 
+def test_type_statement():
+    _, minor, _ = platform.python_version_tuple()
+    if int(minor) < 12:
+        return
+
+    expr = r"""
+    type A = int | float
+
+    assert normalise_aliases(A) == int | float  # type: ignore
+
+    def foo() -> A:  # type: ignore
+        pass
+
+    expected = UnionNode([PrimitiveNode(primitive_type=int), PrimitiveNode(primitive_type=float)])
+    assert DEFAULT_SCHEMA_EXTRACTOR.extract_schema(foo).return_schema == expected
+
+    def bar() -> list[A]:  # type: ignore
+        pass
+
+    expected = SequenceNode(
+        sequence_type=list,
+        item_schema=UnionNode([PrimitiveNode(primitive_type=int), PrimitiveNode(primitive_type=float)]),
+    )
+    assert DEFAULT_SCHEMA_EXTRACTOR.extract_schema(bar).return_schema == expected
+    """
+
+    expr = dedent(expr)
+    exec(expr)
+
+
 def test_json_schema():
     @frozen
     class Inner:
diff --git a/uv.lock b/uv.lock
index c912db0..abbc1e7 100644
--- a/uv.lock
+++ b/uv.lock
@@ -1019,7 +1019,7 @@ wheels = [
 
 [[package]]
 name = "wanga"
-version = "0.1.0"
+version = "0.2.3"
 source = { editable = "." }
 dependencies = [
     { name = "attrs" },
diff --git a/wanga/schema/normalize.py b/wanga/schema/normalize.py
index 55b41c1..ed28b35 100644
--- a/wanga/schema/normalize.py
+++ b/wanga/schema/normalize.py
@@ -1,9 +1,18 @@
 import collections
 import collections.abc
+import platform
 import typing  # noqa: F401
 from types import NoneType, UnionType
 from typing import Annotated, Literal, Union, get_args, get_origin
 
+if int(platform.python_version_tuple()[1]) >= 12:
+    from typing import TypeAliasType  # type: ignore
+else:
+
+    class TypeAliasType:
+        pass
+
+
 from .utils import TypeAnnotation
 
 __all__ = [
@@ -19,6 +28,12 @@ def _fold_or(annotations: collections.abc.Sequence[TypeAnnotation]) -> type[Unio
     return result
 
 
+def normalise_aliases(annotation: TypeAnnotation) -> TypeAnnotation:
+    if isinstance(annotation, TypeAliasType):
+        return annotation.__value__  # type: ignore
+    return annotation
+
+
 def unpack_optional(annotation: TypeAnnotation) -> type[UnionType] | None:
     r"""Unpack Optional[T] to its inner type T.
 
@@ -92,6 +107,7 @@ def normalize_literals(annotation: TypeAnnotation) -> TypeAnnotation:
 
 
 def _normalize_annotation_rec(annotation: TypeAnnotation, concretize: bool = False) -> TypeAnnotation:
+    annotation = normalise_aliases(annotation)
     origin = get_origin(annotation)
     args = get_args(annotation)
     if origin is None: