Esperion Shares Rise After New Canadian Drug Submissions

Dow Jones
03 Dec 2024
 

By Chris Wack

 

Esperion shares were up 13% to $3.16 after the company said it has filed New Drug Submissions to Health Canada for Nexletol and Nexlizet, non-statin medications that reduce low-density lipoprotein cholesterol and cardiovascular risk.

Shares of the Ann Arbor, Mich., company are up 120% in the past 12 months.

Nexletol and Nexlizet are indicated to reduce the risk of myocardial infarction and coronary revascularization in adults who are unable to take recommended statin therapy.

Nexlizet, alone or in combination with other LDL-C lowering therapies, will reduce LDL-C in adults with primary hyperlipidemia. Nexletol, in combination with other LDL-C lowering therapies, or alone when concomitant LDL-C lowering therapy isn't possible, will reduce LDL-C in adults with primary hyperlipidemia.

 

Write to Chris Wack at chris.wack@wsj.com

 

(END) Dow Jones Newswires

December 02, 2024 11:05 ET (16:05 GMT)

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