Esperion Therape Stock Price, News & Analysis

Esperion (NASDAQ: ESPR) announced that CEO Sheldon Koenig will participate in a fireside chat at the Bank of America Securities 2023 Health Care Conference on May 11, 2023, at 11:40 AM PDT. Interested parties can register for the live webcast through a provided link.

A live audio broadcast will be available on the investor section of Esperion's website, with a replay set to be accessible about two hours post-event and archived for roughly 90 days.

Esperion is focused on developing medicines for patients with cardiovascular diseases, addressing the urgent need for effective treatments to lower LDL-cholesterol levels.

Esperion (NASDAQ: ESPR) announced it will report its first quarter 2023 financial results on May 9, 2023, before the U.S. markets open. Following this, management will host a webcast at 8:00 a.m. ET to discuss the financial results and business progress. The event will be accessible through the investor section of the Esperion website, with a replay available approximately two hours later. Esperion is focused on developing innovative medicines for patients with cardiovascular and cardiometabolic diseases, particularly aiming to manage high cholesterol levels effectively.

Esperion (NASDAQ: ESPR) has announced a performance-based agreement with Currax Pharmaceuticals, allowing Currax’s 72 sales representatives to co-promote its cholesterol-lowering products, NEXLETOL® and NEXLIZET®. This partnership significantly increases the sales force for these products, reflecting Esperion’s commitment to sustained growth. The agreement aims to leverage the positive momentum from the CLEAR Outcomes trial, involving nearly 14,000 patients, which evaluated the cardiovascular benefits of NEXLETOL. Both medications are indicated for patients requiring additional LDL-C reduction. Important safety information includes warnings about hyperuricemia and tendon rupture. The collaboration lasts through the end of 2023, focusing on elevating awareness and utilization of these treatments.

Esperion (NASDAQ: ESPR) has announced that Sheldon Koenig, the company's president and CEO, will participate in a fireside chat at Needham's 22nd Annual Virtual Healthcare Conference on April 17, 2023, at 8:45 AM ET. This event will provide insights into the company's innovative approaches in treating cardiovascular and cardiometabolic diseases. Interested parties can register for the live webcast through the provided link. A recorded version will be available for 90 days post-event.

Esperion (NASDAQ: ESPR) has successfully completed a registered direct offering of 33,170,747 shares of common stock and associated short-term warrants, generating approximately $56.7 million in gross proceeds. Each share was priced at $1.675, alongside a warrant with an exercise price of $1.55 per share, valid for three and a half years. The funds will be utilized for general corporate purposes. H.C. Wainwright & Co. served as the exclusive placement agent. Additionally, existing warrants from December 2021 have been amended to lower the exercise price to $1.55, expiring three and a half years post-offering.

Esperion has entered a definitive agreement to issue 33,170,747 shares of common stock and short-term warrants in a registered direct offering, priced at $1.675 per share. The total expected gross proceeds are approximately $56.7 million, intended for general corporate purposes. The warrants will be exercisable at $1.55, expiring in three and a half years. H.C. Wainwright & Co. is the exclusive placement agent. Additionally, the company will amend existing warrants from December 2021, lowering their exercise price from $9.00 to $1.55, to enhance attractiveness. The offering is expected to close on March 22, pending customary conditions.

The International Lipid Expert Group (ILEP) has published new recommendations advancing the use of bempedoic acid in managing atherosclerotic cardiovascular disease (ASCVD) and statin intolerance. The guidance suggests utilizing bempedoic acid before injectable therapies for patients with elevated LDL-C levels. Esperion, the company behind the drug NEXLETOL, anticipates these recommendations will drive its adoption in treatment protocols. The ILEP recommends a combination treatment approach for patients at high cardiovascular risk, prioritizing bempedoic acid in specific lipid management scenarios.

Esperion Therapeutics announced significant findings from the CLEAR Outcomes trial, showing that NEXLETOL reduced major adverse cardiovascular events by 13% (P=0.004) and myocardial infarction by 23% (P=0.002) in patients unable to maximize statin therapy. These results position NEXLETOL as a leading therapy for primary and secondary prevention of cardiovascular disease. The company anticipates regulatory submissions in 1H 2023, potentially earning up to $440 million in milestone payments. This study highlights the therapy's benefits, with detailed results published in the New England Journal of Medicine.

Esperion Therapeutics has launched esperionscience.com, a new website aimed at the scientific and medical community. The site provides detailed information about Esperion's CLEAR Outcomes Study, clinical trials, and the company’s pipeline for cardiometabolic diseases. Chief Medical Officer, JoAnne Foody, emphasized the commitment to advance lipid-lowering science for diverse populations. The website also features clinical trial data, educational videos, and resources for healthcare providers, reinforcing Esperion's dedication to improving patient outcomes in cardiovascular health.