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Esperion acquired by Essence Parent for $3.16/share plus CVRs; merger closed July 13, 2026
Merger closed; shareholders received $3.16 per share cash plus one CVR per share.
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Esperion shareholders approve merger with Essence Parent Inc.
Merger Agreement approved with 135,326,793 votes for, 22,750,628 against, 496,194 abstentions.
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Esperion acquires Corstasis for $83.4M, financed via $25M loan and $50M royalty sale
Total acquisition cost $83.4M: $77.5M cash to Corstasis plus $5.9M direct transaction costs.
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Esperion HSR waiting period cleared for ArchiMed merger; shareholder vote set for July 8
Hart-Scott-Rodino waiting period expired June 15, 2026, satisfying a key regulatory condition.
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German antitrust regulator clears Esperion acquisition by ArchiMed
Bundeskartellamt cleared the merger effective June 2, 2026, as notified June 8.
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Esperion acquired by ARCHIMED for $3.16/share plus up to $100M in milestone payments
Cash $3.16/share + 1 CVR/share; aggregate milestone payments up to $100M based on net sales.
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Esperion closes $75M acquisition of Corstasis, adds Enbumyst nasal spray
Closed acquisition of Corstasis Therapeutics for $75M cash upfront; up to $180M in milestones and royalties.
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Esperion Q4 rev $168.4M (+144% Y/Y); FY25 rev $403.1M; Q4 net income $61.8M; acquires Corstasis
U.S. net product revenue Q4 $43.7M (+38% Y/Y); FY25 $159.6M (+38% Y/Y).
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Esperion to acquire Corstasis for $75M upfront; adds Enbumyst nasal spray for heart failure edema
Esperion acquires Corstasis for $75M cash upfront; up to $180M in milestones plus low double-digit royalties on Enbumyst sales.
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Esperion reports preliminary 2025 revenue up 20-23%, U.S. sales up 35-38%; provides 2026 OpEx guidance
Preliminary 2025 U.S. net product sales $156-160M, up 35-38% YoY; total revenue $400-408M, up 20-23%.
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Esperion Q3 total revenue up 69% to $87.3M; net loss $0.16/share
U.S. net product revenue $40.7M (+31% YoY); total collaboration revenue $46.7M (+128% YoY).
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Esperion prices $75M public offering of 30M shares at $2.50 each
Offering of 30,000,000 shares at $2.50/share; net proceeds ~$70.2M (or ~$80.7M if underwriters' option exercised).
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Esperion amends Q2 earnings; reports $82.4M revenue, first operating income of $7.1M
Net loss narrowed to $12.7M from $61.9M in Q2 2024; EPS loss $0.06 vs $0.33.
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Esperion Q2 revenue $82.4M (+12% Y/Y); first operating income of $15M; expects sustainable profitability Q1 2026
U.S. net product revenue $40.3M, +42% Y/Y; total prescriptions up 10% sequential.
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Esperion Q1 total revenue $65.0M (-53% Y/Y); US product revenue up 41% to $34.9M
Net loss $40.5M ($0.21 EPS loss) vs net income $61.0M ($0.36 EPS) in Q1 2024 due to prior-year milestone.
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Esperion CCO Eric Warren to depart effective April 18, 2025
Eric Warren stepping down as Chief Commercial Officer, effective April 18, 2025.
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Esperion FY24 revenue $332.3M (+186% Y/Y); net loss narrows to $51.7M from $209.2M
FY24 total revenue $332.3M (+186% Y/Y); Q4 revenue $69.1M (+114% Y/Y).
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Esperion completes $100M convertible note issuance and exchange of 2025 notes
Issued $100M aggregate principal of 5.75% Convertible Senior Subordinated Notes due June 15, 2030.
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Esperion closes $150M term loan and $210M convertible debt exchange to refinance 2025 notes
Entered $150M senior secured term loan at 9.75% cash / 11.75% PIK, due Dec 2029, with minimum liquidity covenant of $50M.
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Esperion Q3 revenue $51.6M (+52% YoY); net loss narrows to $29.5M
Total revenue $51.6M (+52% YoY); U.S. net product revenue $31.1M (+53% YoY).
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Esperion Q2 revenue jumps 186% to $73.8M; monetizes European royalties for $304.7M
Total revenue $73.8M (+186% YoY); U.S. product revenue $28.3M (+39% YoY).
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Esperion monetizes European bempedoic acid royalties for $304.7M, pays off Oberland facility
Received $304.7M from OMERS in exchange for 100% of European bempedoic acid royalty until OMERS receives 1.7x investment (≈$518M), then royalties revert to Esperion.
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Esperion files Hatch-Waxman patent suit against Micro Labs over generic NEXLETOL
Filed May 8, 2024 in District of New Jersey against Micro Labs USA Inc. for NEXLETOL generic ANDA.
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Esperion Q1 revenue $137.7M (+467% YoY), net income of $61.0M; FDA label expansion expands market
Total revenue $137.7M vs $24.3M YoY; U.S. net product revenue $24.8M (+46% YoY).
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Esperion Q4/FY23 revenue growth 72%/54%; litigation resolved with $100M payment; FDA PDUFA March 31
FY23 U.S. net product revenue $78.3M (+40% YoY); total revenue $116.3M (+54% YoY).
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Esperion prices $85.1M public offering of 56.7M shares at $1.50; underwriters fully exercise option
Offering of 56,700,000 shares priced at $1.50 per share; gross proceeds ~$85.1M.
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Esperion settles litigation with Daiichi Sankyo Europe for $125M; receives $100M near-term
Daiichi Sankyo Europe to pay Esperion $100M by mid-January 2024 and additional $25M after EMA decision on NILEMDO/NUSTENDI label expansion.
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Esperion Q3 total revenue $34M (+79% YoY); FDA PDUFA date March 31, 2024
Q3 total revenue $34.0M (+79% YoY); U.S. product revenue $20.3M (+45% YoY).
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Esperion Q2 U.S. product revenue +49% to $20.3M; net loss narrows to $49.9M
Total revenue $25.8M (+37% YoY); U.S. net product revenue $20.3M (+49% YoY) driven by 26% retail Rx growth.
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Esperion reports 30% MACE-4 risk reduction with bempedoic acid in primary prevention CLEAR Outcomes subanalysis
Primary prevention population (4,206 statin-intolerant patients) showed 30% risk reduction in MACE-4 (HR 0.70) vs placebo.
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Esperion Q1 net loss $61.7M; US product revenue +27% to $17M; Currax partnership
Total revenue $24.3M (+29% YoY); US net product revenue $17.0M (+27%); retail Rx equivalents +15% YoY.
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Esperion sues Daiichi Sankyo Europe over $300M milestone payment dispute
Filed amended complaint seeking declaration that DSE must pay $300M regulatory milestone upon cardiovascular risk reduction label.
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Esperion sues Daiichi Sankyo Europe over $300M milestone; CLEAR Outcomes showed 27% MI reduction
Complaint seeks declaratory judgment that $300M milestone is triggered by CLEAR Outcomes' 27% nonfatal MI risk reduction.
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Esperion raises ~$56.7M in registered direct offering; amends warrants to lower exercise price
Gross proceeds of ~$56.7M from sale of 33,170,747 shares (or equivalents) and warrants at $1.675 combined.
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Esperion discloses DSE dispute over $300M milestone payments on CLEAR Outcomes data
NEXLETOL reduced MACE-4 by 13%, MACE-3 by 15%, heart attack by 23%, coronary revascularization by 19% vs placebo.
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Esperion's CLEAR Outcomes trial shows NEXLETOL reduces CV risk 13-23% in statin-intolerant patients
NEXLETOL reduced MACE-4 by 13% (p=0.004), MACE-3 by 15% (p=0.006), heart attack by 23% (p=0.002), and coronary revascularization by 19% (p=0.001) vs placebo.
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Esperion Q4 2022 revenue $18.8M (+22% YoY); CLEAR Outcomes trial meets MACE-4 endpoint
CLEAR Outcomes trial met primary MACE-4 endpoint and key secondary endpoints; data to be presented at ACC.23/WCC on March 4, 2023.