Esperion Therapeutics: A Potential 'Bio Boom' Or Bust In 2022

Summary

  • Esperion Therapeutics continues to report lackluster growth with their NEXLETOL and NEXLIZET products. As a result, the share price continues to hit fresh all-time-lows with little-to-no signs of a reversal.
  • The company's transformative long-term growth plan is starting to show some success with a boost in revenue and a reduction in OpEx. The market doesn't appear to be impressed.
  • The company has 80% of the required events in the CLEAR Outcomes study. The study is tracking in line with expectations, with a potential top-line data readout in Q1.
  • I still see ESPR to be worthy of inclusion in my "Bio Boom Portfolio" but it is possible the ticker is still a "bust" for 2022.
  • I have made some changes to my ESPR strategy to take advantage of the outrageous discount.

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Esperion Therapeutics (NASDAQ:ESPR) has made significant developments over the past months to help ensure the company’s long-term goal to become a recognized leader in the treatment of cardiovascular disease. Firstly, Esperion is instituting a transformative long-term

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Biologics is a full-time healthcare investor who developed a passion for biotech and life saving therapies after working in the medical field for years. His trade focus is around innovative companies developing breakthrough therapies and/or pharmaceuticals with catalysts for potential acquisitions.

He is the leader of the investing group Compounding Healthcare. Features of the group include: Several model healthcare portfolios, a weekly newsletter, a daily watchlist, and chat for dialogue and questions. Learn more.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of AMRN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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