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Stock impact report

Take Advantage Of Poor Market Sentiment And Buy Esperion Therapeutics [Seeking Alpha]

Esperion Therapeutics, Inc. (ESPR) 
Last esperion therapeutics, inc. earnings: 2/27 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.esperion.com
Company Research Source: Seeking Alpha
Summary Introduction In early May, Esperion Therapeutics ( ESPR ) released data from their first Phase III clinical trial, investigating their lead agent, bempedoic acid, in the treatment of hypercholesterolemia. The drug met its primary endpoint, lowering low-density lipoprotein cholesterol (LDL-C) by a rate of 18%, while the control arm increased levels by 2%. While this appeared to bode well for the drug’s commercial outlook, investors, spooked by a death imbalance, sold off the stock, which sent shares spiraling down over 40%. We believe this was a severe overreaction and view the decline in share price as a buying opportunity. An Overreaction To Safety Data in Phase III (Esperion Therapeutics Phase III results) The goal of this Phase III study was to observe lower LDL-C levels in the highest risk subset of patients, those with a history of smoking, obesity, and high blood pressure. When adjusting for placebo, bempedoic acid was able to reduce LDL-C le Show less Read more
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