Esperion Therapeutics, Inc. (ESPR) incurred a loss of 5 cents per share for the second quarter of 2024, which was narrower than the Zacks Consensus Estimate of a loss of 15 cents. The company had incurred a loss of 46 cents per share in the year-ago quarter. Esperion generated revenues of $73.8 million, up nearly 186% year over year, driven by higher collaboration revenues and product revenues in the United States. The reported figure beat the Zacks Consensus Estimate of $52 million. Quarter in Detail Esper ...

Esperion Therapeutics (ESPR) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.46 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 66.67%. A quarter ago, it was expected that this biopharmaceutical company would post a loss of $0.08 per share when it actually produced earnings of $0.34, delivering a surprise of 525%. Over the last four quarters ...

– Total Revenue Increased 186% Year-over-Year to $73.8 Million with U.S. Net Product Revenue of $28.3 Million, Representing 39% Growth – – Total Retail Prescription Equivalents Increased 14% from First Quarter, with ~11% Increase During Final Four Weeks of Second Quarter – – Completed Transformational Transaction by Monetizing European Royalties on Bempedoic Acid Product Sales to OMERS Life Sciences for $304.7 Million and Allocated Proceeds for Early, Discounted Payoff and Termination of Oberland Capital Re ...

ANN ARBOR, Mich., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Esperion (NASDAQ: ESPR) today announced that on August 7, 2024, the Company granted 18 new employees 66,800 restricted stock units (RSUs) under Esperion's 2017 Inducement Equity Incentive Plan. The 2017 Inducement Equity Incentive Plan is used exclusively for the grant of equity awards to individuals who were not previously an employee or non-employee director of Esperion (or following a bona fide period of non-employment), as an inducement material to suc ...

– Animated Characters Are a Visual Representation of An Unseen Risk "Lurking" In Patients' Artery Walls – "The Lipid Lurkers campaign was developed as a visual way to bring high LDL cholesterol to life and help patients understand and become better educated on the havoc that too much bad cholesterol is causing inside their artery walls," according to Eric Warren, R.Ph., Chief Commercial Officer, Esperion. "Of the multiple concepts tested, the Lipid Lurkers campaign was rated best among patients with high LD ...

Core Viewpoint - Esperion has entered into a Royalty Purchase Agreement with OMERS Life Sciences, receiving approximately $304.7 million in exchange for its royalty entitlement on Daiichi Sankyo Europe's net sales of bempedoic acid products in Europe, enhancing its financial position and operational flexibility [6][11]. Financial Details - The agreement allows OMERS to receive a tiered royalty ranging from 15-25% of net sales until it recoups 1.7 times its investment, after which royalties will revert to Esperion [2][11]. - Esperion retains rights to potential future milestone payments of up to $300 million based on commercial performance from its exclusive European licensee, Daiichi Sankyo Europe [2][11]. Strategic Implications - The transaction is described as transformational, providing Esperion with increased operational and financial flexibility while unencumbering its balance sheet from senior secured liens [7][11]. - The deal is expected to leverage an undervalued asset and underscores the potential for bempedoic acid products in Europe, aligning with Esperion's goal of addressing unmet medical needs [7][11]. Use of Proceeds - Funds from the transaction have been utilized for the early payoff and termination of the Oberland Capital revenue interest facility, further strengthening the company's financial position [3][6]. Company Vision - Esperion aims to optimize its U.S. commercialization efforts and build itself into a leading biopharmaceutical company focused on bringing new medicines to patients with unmet medical needs [4][7].

It has been about a month since the last earnings report for Esperion Therapeutics (ESPR) . Shares have added about 14.2% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Esperion Therapeutics due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Esperion Q1 Earnings an ...

Esperion Therapeutics, Inc. (ESPR) and partner Daiichi Sankyo Europe GmbH announced that the European Commission (EC) has approved a label update for its drugs Nilemdo (bempedoic acid) and Nustendi for the treatment of hypercholesterolemia and to reduce the risk of adverse cardiovascular (CV) events. Hypercholesterolemia indicates elevated levels of cholesterol in the blood. Following the label expansion in Europe, Nilemdo and Nustendi became the first and only treatments for lowering low-density lipoprotei ...

ANN ARBOR, Mich., May 23, 2024 (GLOBE NEWSWIRE) -- Esperion (NASDAQ: ESPR) today announced that the company will be participating in the following webcasted investor events during the month of May, which can be found on our investor relations website. Jefferies Global Healthcare Conference in New York on June 5, 2024, at 4:30 p.m. ET. Goldman Sachs Healthcare Conference in Miami Beach on June 12, 2024, at 8:40 a.m. ET. Live webcasts can be accessed on the investor and media section of the Esperion website. ...

ANN ARBOR, Mich., May 23, 2024 (GLOBE NEWSWIRE) -- Esperion (NASDAQ: ESPR) today announced that the company will be participating in the following webcasted investor events during the month of May, which can be found on our investor relations website. Jefferies Global Healthcare Conference in New York on June 5, 2024, at 4:30 p.m. ET. Goldman Sachs Healthcare Conference in Miami Beach on June 12, 2024, at 8:40 a.m. ET. Live webcasts can be accessed on the investor and media section of the Esperion website. ...