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Esperion Therapeutics, Inc. - $ESPR STOCK NEWS

Welcome to our dedicated page for Esperion Therapeutics news (Ticker: $ESPR), a resource for investors and traders seeking the latest updates and insights on Esperion Therapeutics stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Esperion Therapeutics's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary

Esperion reported impressive Q1 2024 financial results with total revenue growing 467% Y/Y to $137.7 million and U.S. net product revenue increasing 46% Y/Y to $24.8 million. They received FDA approval for label expansions of NEXLETOL and NEXLIZET, making them the first non-statins to prevent heart attacks. Positive CHMP opinion expected from European Commission in Q2 2024. Collaboration revenue surged by 1,448% Y/Y. The company's cash balance is strong at $226.6 million. Financial outlook remains positive for 2024 with operating expenses projected at $225-245 million.

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11.79%
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Rhea-AI Summary

Esperion (NASDAQ: ESPR) will participate in investor events in May, including JMP Securities’ Life Sciences Conference, Bank of America Securities’ Health Care Conference, and H.C. Wainwright’s BioConnect Investor Conference. Esperion focuses on developing medicines for cardiovascular and cardiometabolic diseases, aiming to improve outcomes for patients with high cholesterol.

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4.74%
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Esperion (ESPR) will report its first quarter 2024 financial results on May 7, 2024. The company aims to improve outcomes for patients with cardiovascular and cardiometabolic diseases by developing innovative medicines to reduce LDL-cholesterol levels.
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Esperion (Nasdaq: ESPR) presented positive results from the CLEAR Outcomes trial at the 2024 American College of Cardiology’s Annual Scientific Sessions. Patients with obesity on NEXLETOL had a 23% lower risk of MACE-4 compared to placebo. The trial highlighted benefits in women and Hispanic/Latinx patients, emphasizing the importance of early LDL-C lowering for reducing cardiovascular events.
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Esperion (Nasdaq: ESPR) CEO Sheldon Koenig rings Nasdaq opening bell to celebrate FDA approval of new labels for products, aiming to reduce prescribing limitations and help more patients reach LDL-cholesterol goals.
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Esperion (ESPR) to participate in the 23rd Annual Needham Virtual Healthcare Conference on April 9, 2024. The company aims to improve outcomes for patients with cardiovascular diseases by developing innovative medicines. Esperion focuses on reducing LDL-cholesterol levels to help patients reach their health goals.
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Esperion announces the acceptance of three CLEAR Outcomes subgroup analyses as poster presentations at the 2024 American College of Cardiology’s Annual Scientific Session. The company will present subset analyses in women, Hispanic/Latinx patients, and patients with obesity, showcasing additional data from the pivotal CLEAR Outcomes trial.
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Esperion (ESPR) receives FDA approval for expanded labels for NEXLETOL and NEXLIZET, broadening treatable population to 70 million in the U.S. The approvals are based on positive CLEAR Outcomes data, allowing for cardiovascular risk reduction and LDL-C lowering in primary and secondary prevention patients.
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Daiichi Sankyo and Esperion Therapeutics receive positive CHMP opinions for bempedoic acid and bempedoic acid / ezetimibe FDC, aiming to reduce LDL-C and cardiovascular risk in Europe. The European Commission is expected to make a decision in 1H 2024. The opinions are based on Phase 3 CLEAR Outcomes trial, showing a 13% reduction in major adverse cardiovascular events.
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Esperion (ESPR) reports strong financial growth in FY23 with U.S. net product revenue up 40% Y/Y to $78.3 million. Q4 U.S. net product revenue grew 39% Y/Y to $20.8 million. The company resolved litigation, receiving $100 million and potential cost savings. Positive interactions with FDA and EMA for cardiovascular indications. Recent equity offering raised $97.8 million. FDA approved updated LDL-C indication for NEXLETOL and NEXLIZET. Financial results show total revenue growth of 54% Y/Y to $116.3 million in FY23. Operating expenses for 2024 expected to be $225-245 million.
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Esperion Therapeutics, Inc.

Nasdaq:ESPR

ESPR Rankings

ESPR Stock Data

448.88M
183.65M
0.45%
39.06%
10.77%
Pharmaceutical Preparation Manufacturing
Manufacturing
Link
United States of America
ANN ARBOR

About ESPR

esperion therapeutics, inc. is a pharmaceutical company focused on developing and commercializing first-in-class, oral, ldl-c lowering therapies for the treatment of patients with hypercholesterolemia. etc-1002, the company's lead product candidate, is an inhibitor of atp citrate lyase, a well-characterized enzyme on the cholesterol biosynthesis pathway; the same pathway that includes hmg-coa reductase, the enzyme target of statins. the company has successfully completed its phase 1 and phase 2 development programs for etc-1002, and plans to initiate its etc-1002 phase 3 development program by the end of 2015. for more information, please visit www.esperion.com.