MARKET COMPOSITE
ESPR - Esperion Therapeutics Inc.7:59:43 PM 4/25/2024
Price
$1.99
-0.14 (-6.81%)
Esperion Therapeutics, Inc. is a public American pharmaceutical company focused on the development of bempedoic acid, an orally available small molecule designed to lower elevated levels of LDL-C. The company is headquartered in Ann Arbor, Michigan. Pfizer acquired the original Esperion in 2004 for US$1,300,000,000 as a defensive move to prevent ETC-216 from falling into competitors' hands. Two years later, in 2006, Pfizer decided to kill the Esperion organization and development of ETC-216. In May 2008, Dr. Roger Newton, Esperion's founder and chief scientific officer, raised sufficient capital to acquire rights to ETC-1002 and Esperion from Pfizer, thereby leading to a second independent period for the company. In June 2013, Esperion became a public company again through an initial public offering. As of April 2014, Esperion was traded on NASDAQ under the symbol "ESPR".
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue32.2MM-5%
Operating Income-42.4MM+54%
Operating Expenses74.6MM+21%
Net Income-56.3MM+37%
R&D17.7MM+19%
G&A45.4MM+37%
Interest Expense15.1MM+0%
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