Esperion announces Otsuka's launch of NEXLETOL in Japan, resulting in a $90 million payment and significant growth opportunity.
Quiver AI Summary
Esperion has announced that its partner Otsuka Pharmaceutical Co., Ltd. has received national pricing approval and launched NEXLETOL® (bempedoic acid) in Japan for treating hypercholesterolemia, marking a significant commercial milestone in the third largest global market for cardiovascular prevention. This launch entitles Esperion to a total payment of $90 million under their collaboration agreement, which will enhance Esperion's financial standing. The company also stands to gain additional milestone payments and royalties based on Otsuka's sales performance in Japan. Esperion's mission is to improve cardiovascular health through innovative therapies for patients managing LDL-C levels, and the recent developments reflect its strategic growth and commitment to addressing healthcare needs.
Potential Positives
- Esperion will receive a significant near-term payment of $90 million due to Otsuka's achievements in Japan, enhancing the company's financial position.
- The launch of NEXLETOL in Japan, the third largest global market for cardiovascular prevention, presents a substantial growth opportunity for Esperion.
- Esperion is set to benefit from additional sales milestone payments and tiered royalties on net sales in Japan, further increasing potential revenue.
- The approval and launch of NEXLETOL support Esperion's mission to improve cardiovascular health and expand access to innovative therapies in Japan.
Potential Negatives
- Reliance on a partner for market penetration may indicate limited direct control over the success of NEXLETOL in Japan.
- The potential for additional sales milestone payments and tiered royalties suggests uncertainty in the revenue stream depending on Otsuka's sales performance.
- Forward-looking statements highlight inherent risks and uncertainties that could affect Esperion's future profitability and growth, emphasizing potential vulnerability in their financial outlook.
FAQ
What is the recent achievement announced by Esperion?
Esperion announced a $90 million payment following Otsuka's launch of NEXLETOL in Japan for hypercholesterolemia treatment.
How significant is Japan's market for cardiovascular prevention?
Japan is recognized as the third largest global market for cardiovascular prevention, presenting substantial growth opportunities for Esperion.
What is NEXLETOL and its purpose?
NEXLETOL (bempedoic acid) tablets are developed to treat hypercholesterolemia and familial hypercholesterolemia, aiding in LDL-C level management.
What are Esperion's future financial prospects related to Otsuka?
Esperion is eligible for additional sales milestone payments and tiered royalties based on Otsuka's net sales in Japan.
How does Esperion plan to enhance cardiovascular health?
Esperion aims to improve cardiovascular health by expanding access to innovative therapies for patients managing LDL-C levels.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
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Full Release
– Company to Receive $90 Million Total Payment –
– Third Largest Global Market for Cardiovascular Prevention Represents Significant Global Growth Opportunity for NEXLETOL –
ANN ARBOR, Mich., Nov. 21, 2025 (GLOBE NEWSWIRE) -- Esperion (NASDAQ: ESPR) today announced that Otsuka Pharmaceutical Co., Ltd. (Otsuka), the Company’s partner in Japan for the development and commercialization of NEXLETOL ® (bempedoic acid) tablets, received National Health Insurance Price Listing and launched NEXLETOL for the treatment of hypercholesterolemia and familial hypercholesterolemia.
“We are thrilled that Otsuka, our partner in Japan, has received national pricing approval and launched NEXLETOL. Japan represents the third largest market globally for cardiovascular prevention and this launch marks a significant commercial milestone. The resulting $90 million payment not only strengthens our financial position but also underscores the strategic value of our partnership. Most importantly, this approval brings us closer to our mission of improving cardiovascular health by expanding access to innovative therapies for patients in Japan who are striving to manage their LDL-C levels and prevent cardiovascular events.” said Sheldon Koenig, President and CEO of Esperion.
Under the terms of the collaboration and license agreement, Esperion will receive $90 million in a near term payment as a result of the recent Otsuka achievements, including product and pricing approvals. The Company is also eligible to receive additional sales milestone payments based on total net sales achievements by Otsuka in Japan, as well as tiered royalties ranging from fifteen percent to thirty percent on net sales in Japan.
About Esperion Therapeutics
Esperion Therapeutics, Inc. is a commercial stage biopharmaceutical company focused on bringing new medicines to market that address unmet needs of patients and healthcare professionals. The Company developed and is commercializing the only U.S. Food and Drug Administration (FDA) approved oral, once-daily, non-statin medicines for patients who are at risk for cardiovascular disease and are struggling with elevated low density lipoprotein cholesterol (LDL-C). These medications are supported by the nearly 14,000 patient CLEAR Cardiovascular Outcomes Trial. Esperion continues to build on its success with its next generation program which is focused on developing ATP citrate lyase inhibitors (ACLYi). New insights into the structure and function of ACLYi fully enables rational drug design and the opportunity to develop highly potent and specific inhibitors with allosteric mechanisms.
Esperion continues to evolve into a leading global biopharmaceutical company through commercial execution, international partnerships and collaborations and advancement of its pre-clinical pipeline. For more information, visit esperion.com and follow Esperion on LinkedIn and X .
Forward-Looking Statements
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the federal securities laws, including statements regarding marketing strategy and commercialization plans, current and planned operational expenses, expected profitability, future operations, commercial products, clinical development, including the timing, designs and plans for the CLEAR Outcomes study and its results, plans for potential future product candidates, financial condition and outlook, including expected cash runway and profitability, and other statements containing the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “suggest,” “target,” “potential,” “will,” “would,” “could,” “should,” “continue,” and similar expressions. Any express or implied statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause Esperion’s actual results to differ significantly from those projected, including, without limitation, the net sales, profitability, and growth of Esperion’s commercial products, clinical activities and results, supply chain, commercial development and launch plans, the outcomes and anticipated benefits of legal proceedings and settlements, and the risks detailed in Esperion’s filings with the Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof, and Esperion disclaims any obligation or undertaking to update or revise any forward-looking statements contained in this press release, other than to the extent required by law.
Esperion Contact Information:
Investors:
Alina Venezia
[email protected]
(734) 887-3903
Media:
Tiffany Aldrich
[email protected]
(616) 443-8438