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Country
US
Industry
Health Care
Market Cap
Micro Cap
Num. Employees
199
IPO Date
Jun 24, 2013
Country
US
Industry
Health Care
Esperion Therapeutics, Inc. is a pharmaceutical company. The company is headquartered in Vero Beach, Florida and currently employs 199 full-time employees. The company went IPO on 2013-06-24. The firm is focused on developing and commercializing oral, once-daily, non-statin medicines for patients struggling with elevated low-density lipoprotein cholesterol (LDL-C). The firm's bempedoic acid and the bempedoic acid / ezetimibe combination tablets are oral, once-daily, non-statin, LDL-C lowering medicines for patients with atherosclerotic cardiovascular disease (ASCVD), or heterozygous familial hypercholesterolemia (HeFH). The firm's products include NEXLETOL, NEXLIZET, NILEMDO and NUSTENDI. Its NEXLETOL is an ATP Citrate Lyase (ACL), inhibitor that lowers LDL-C by reducing cholesterol biosynthesis and up-regulating the LDL receptors. Its NEXLIZET and NUSTENDI contains bempedoic acid and ezetimibe and lowers elevated LDL-C through complementary mechanisms of action by inhibiting cholesterol synthesis in the liver and absorption in the intestine.
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Yahoo
54.55%
Finnhub
45.45%
ESPR expects to use the proceeds from $150 Million Senior Secured Term Loan Credit Facility and approximately $60 million of the proceeds from subscription for new $100 million Convertible Notes (the “New Notes”) to repay Significant Portion of Existing $265 Million Convertible Debt with the remaining approximately $40 million of the proceeds to be allocated as operating cash.
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Today
Recent Mentions
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Very Bearish
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