Welcome to our dedicated page for Esperion Therape news (Ticker: ESPR), a resource for investors and traders seeking the latest updates and insights on Esperion Therape stock.
Esperion Therapeutics, Inc. (ESPR) is a biopharmaceutical innovator focused on developing oral non-statin therapies for cardiovascular patients with elevated LDL cholesterol. This dedicated news hub provides investors and healthcare professionals with timely updates on the company’s clinical advancements, regulatory milestones, and strategic initiatives.
Access ESPR’s latest press releases covering FDA approvals, clinical trial results, and partnership announcements with global pharmaceutical leaders. Our curated collection includes earnings reports, research breakthroughs, and market expansion updates—all essential for understanding the company’s position in cholesterol management innovation.
Discover updates on bempedoic acid developments, international licensing agreements, and R&D pipeline progress. This resource serves as your primary source for tracking ESPR’s mission to address unmet needs in cardiovascular care through targeted therapeutic solutions.
Bookmark this page for streamlined access to verified Esperion Therapeutics announcements. Check regularly for new insights into one of biopharma’s most focused approaches to LDL-C reduction without statin-related limitations.
Esperion (NASDAQ: ESPR) announced on September 25, 2024, that it granted 3,500 restricted stock units (RSUs) to a new employee on September 23, 2024, under its 2017 Inducement Equity Incentive Plan. This plan is exclusively used for granting equity awards to individuals who were not previously employees or non-employee directors of Esperion, as an inducement for employment, in compliance with NASDAQ Listing Rule 5635(c)(4).
The RSUs will vest as follows: 25% on the one-year anniversary of the recipient's vesting commencement date, and the remaining 75% in twelve equal quarterly installments thereafter, subject to continued employment. The RSUs are governed by the terms and conditions of Esperion's 2017 Inducement Equity Incentive Plan and the RSU agreement covering the grant.
Esperion (NASDAQ: ESPR) has announced its participation in the 2024 Cantor Global Healthcare Conference on Thursday, September 19, 2024, at 10:55 a.m. ET. The event will be webcasted live and accessible through Esperion's investor and media website section. A replay will be available approximately two hours after the call and archived for about 90 days.
Esperion is a company focused on discovering, developing, and commercializing innovative medicines for patients with or at risk of cardiovascular and cardiometabolic diseases. Their mission is to help patients with high cholesterol reach their health goals by providing next steps in LDL-cholesterol reduction.
Esperion announced expanded coverage for NEXLETOL® and NEXLIZET®, their FDA-approved non-statin medications for lowering LDL cholesterol and reducing cardiovascular risk. The drugs now have access to over 92% of commercially insured lives and 65% of Medicare lives, totaling more than 170 million covered individuals. This increased coverage follows the FDA's approval of expanded indications for both primary and secondary prevention patients.
The improved formulary status and streamlined prior authorization processes make it easier for healthcare providers to prescribe these medications. NEXLETOL and NEXLIZET are unique in being the only non-statins FDA-approved for both LDL-C reduction and cardiovascular risk reduction in patients unable to take recommended statin therapy.
Esperion (NASDAQ: ESPR) has announced its participation in the H.C. Wainwright 26th Annual Global Investment Conference on Monday, September 9, 2024, at 8:30 a.m. ET. The event will be webcasted live and accessible through the investor and media section of Esperion's website. A replay will be available approximately two hours after the call and archived for about 90 days.
Esperion is a pharmaceutical company focused on developing innovative medicines for cardiovascular and cardiometabolic diseases. Their mission is to help patients with high cholesterol reach their health goals by providing next-step solutions in reducing LDL-cholesterol levels. The company emphasizes the importance of lowering cholesterol levels as much as possible, as quickly as possible.
Esperion (NASDAQ: ESPR) reported strong Q2 2024 financial results, with total revenue increasing 186% year-over-year to $73.8 million. U.S. net product revenue grew 39% to $28.3 million, driven by a 14% increase in total retail prescription equivalents from Q1. The company completed a transformational transaction, monetizing European royalties for $304.7 million and using the proceeds to pay off and terminate the Oberland Capital Revenue Interest Facility.
Key highlights include:
- Expanded payer coverage, with over 80% of payers updating utilization management criteria
- Increased preferred commercial coverage to 92% and Medicare preferred coverage to over 50%
- Received a five-year patent extension for bempedoic acid through December 3, 2030
- Achieved significant international progress, including label expansion approval in Europe and positive Phase 3 results in Japan
Esperion (NASDAQ: ESPR) announced on August 7, 2024, the granting of 66,800 restricted stock units (RSUs) to 18 new employees under its 2017 Inducement Equity Incentive Plan. This plan is exclusively used for equity awards to individuals who were not previously employees or non-employee directors of Esperion, as an inducement for employment.
The RSUs will vest over four years, with 25% vesting on the one-year anniversary of the recipient's vesting commencement date, and the remaining 75% vesting in twelve equal quarterly installments thereafter. Vesting is subject to continued employment with Esperion. The RSUs are governed by the terms and conditions of Esperion's 2017 Inducement Equity Incentive Plan and the RSU agreement covering the grant.
Esperion (NASDAQ: ESPR) has announced it will report its second quarter 2024 financial results on Monday, August 12, 2024, before the market opens. Following the release, the company will host a webcast at 8:00 a.m. ET to discuss the financial results and provide business updates. Investors can pre-register for the conference call to obtain dial-in information, and a live audio webcast will be accessible on Esperion's website. The webcast replay will be available approximately two hours after the call and archived for about 90 days.
Esperion is focused on discovering, developing, and commercializing innovative medicines for patients with or at risk for cardiovascular and cardiometabolic diseases. The company aims to help patients with high cholesterol reach their LDL-cholesterol reduction goals.
Esperion (NASDAQ: ESPR) has announced its participation in the upcoming BTIG Biotech Conference on Monday, August 5, 2024, at 4 p.m. ET. Esperion is a company dedicated to discovering, developing, and commercializing innovative medicines for patients with or at risk for cardiovascular and cardiometabolic diseases.
The company focuses on improving outcomes for patients with high cholesterol by breaking through barriers that prevent patients from reaching their goals. Esperion's approach aligns with healthcare providers' trend towards reducing LDL-cholesterol levels as low as possible, as soon as possible.
For more information about Esperion and its work, interested parties can visit esperion.com and esperionscience.com, or follow the company on X (formerly Twitter) at twitter.com/EsperionInc.
Esperion (NASDAQ: ESPR) has launched a new digital marketing campaign called 'Lipid Lurkers' to educate patients about the risks of uncontrolled LDL cholesterol. The campaign uses animated characters to visually represent the unseen risk lurking in patients' artery walls. This initiative follows the recent FDA-approved label expansion for NEXLETOL and NEXLIZET, allowing Esperion to target over 70 million Americans with high LDL-C.
The digital-first strategy aims to reach adults diagnosed with high LDL-C who cannot take statins or optimize their statin therapy. Initial results show 190,000 clicks for more information in May 2024. The campaign emphasizes patient empowerment to 'Take Control of Their Lipid Lurkers' and is designed to increase awareness among the target audience through various digital channels.
Esperion (Nasdaq: ESPR) announced a Royalty Purchase Agreement with OMERS Life Sciences, securing $304.7 million in cash for its European royalty rights on bempedoic acid products. OMERS will receive tiered royalties until it recoups 1.7 times its investment, after which royalties revert to Esperion. Additionally, Esperion retains rights to potential sales-based milestones up to $300 million. The funds were used to pay off and terminate an existing revenue interest facility with Oberland Capital. This strategic move aims to enhance Esperion's financial flexibility and unencumber its balance sheet, positioning the company to better focus on U.S. commercialization efforts.
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