- Esperion Therapeutics Inc’s (NASDAQ:ESPR) CLEAR Outcomes trial met its primary endpoint, demonstrating statistically significant risk reduction in MACE-4 in patients treated with 180 mg/day NEXLETOL (bempedoic acid) compared to placebo.
- The data demonstrate statistically significant and clinically meaningful results.
- The study included over 14,000 patients at over 1,200 sites in 32 countries.
- Bempedoic acid becomes the first ATP citrate lyase inhibitor and oral non-statin to meet the major adverse cardiovascular events (MACE-4) primary endpoint.
- NEXLETOL is indicated as an adjunct to diet and maximally tolerated statin therapy for heterozygous familial hypercholesterolemia or established atherosclerotic cardiovascular disease who require additional lowering of LDL-C.
- The company reported CLEAR Outcomes trial data sooner than expected in January 2023.
- In Q3, NEXLETOL generated sales of $14 million, up 28% Y/Y.
- The company looks forward to sharing this data with the medical community and submitting it to appropriate regulatory authorities as quickly as possible in 2023.
- Price Action: ESPR shares are up 2.55% at $7.25 on the last check Wednesday.
EPP Q3 Results Record Sales Decline, Misses Consensus Estimates
Enterprise Products Partners L.P. (NYSE: EPD) reported a third-quarter (Q3) FY23 sales decline of 22.4% year-over-year to $11.99 billion, missing the consensus of $12.02 billion.
