Esperion Therapeutics Acquisition, Valuation & Financials

Esperion Therapeutics was acquired by ArchiMed for $1.1B in April 2026, a 2.7x multiple on $403M of revenue.

Esperion Therapeutics acquisition price

$1.1B

Acquired by ArchiMed · Apr 2026

Esperion Therapeutics revenue at acquisition

$403M

Last twelve months · Apr 2026

Esperion Therapeutics revenue multiple at acquisition

2.7x

EV/Revenue · Apr 2026

Cumulative funding Esperion Therapeutics raised

$33M

across 1 funding round

Esperion Therapeutics Overview

About Esperion Therapeutics

Esperion Therapeutics Inc is a pharmaceutical company. It specializes in developing and commercializing accessible, oral, once-daily, non-statin medicines for patients struggling with elevated low-density lipoprotein cholesterol. The firm has the business of researching, developing and commercializing therapies for the treatment of patients with the elevated low-density lipoprotein cholesterol operating segment. Its products include NEXLETOL, NEXLIZET, NILEMDO and NUSTENDI. The company manages its business in one operating segment, which is the business of researching, developing and commercializing therapies for the treatment of patients with elevated LDL-C.


Founded

2008

HQ

United StatesUnited States

Status

Acquired

Customer focus

B2C

Revenue model

Product sales

Revenue

$403M (Apr 2026)

Valuation

$1.1B (acquired Apr 2026)

Esperion Therapeutics Acquisition

Esperion Therapeutics was acquired by ArchiMed for $1.1B on 30 April 2026.

The acquisition price implies a 2.7x revenue multiple on $403M of revenue.

Before the acquisition Esperion Therapeutics had raised $33M across 1 funding round.

Esperion Therapeutics reported total revenue of $403.1 million for fiscal year 2025, with U.S. net product sales reaching $159.6 million, representing 38% year-over-year growth. Fourth quarter 2025 total revenue reached $168.4 million, though this included a one-time $124.7 million milestone payment from partner Otsuka; excluding this, Q4 U.S. net product sales were $43.7 million, up approximately 38% year-over-year. The company's cholesterol-lowering medications NEXLETOL and NEXLIZET drove growth, with retail prescription equivalents increasing 34% year-over-year. Esperion ended 2025 with $167.9 million in cash and cash equivalents. The company presented these results on March 10, 2026, alongside announcement of a strategic acquisition positioning it to address a multi-billion dollar heart failure market.

Esperion Therapeutics acquisition details
AcquirerDateTypePriceEV/Revenue
  • ArchiMed
30 Apr 2026Strategic M&A$1.1B2.7x

Esperion Therapeutics as a Public Company

Esperion Therapeutics traded as DUS: 0ET before it was taken private. Its acquisition was announced in April 2026. July 2026 is its last month on record as a listed company, with a market cap of $820M and an enterprise value of $916M.

Over the 4 years before that, its market cap grew from $373M in July 2022 to $820M.

Esperion Therapeutics market cap while listed

Esperion Therapeutics EV/Revenue (LTM) while listed

Esperion Therapeutics financials and trading multiples by year while listed
As ofMarket capRevenue (LTM)EBITDA (LTM)EBITDA marginEV/RevenueEV/EBITDA
Jul 2026$820M-----
Jul 2025$284M$343M$28M8%1.4x16.8x
Jul 2024$450M$237M($28M)-12%2.1x(17.3x)
Jul 2023$168M$98M($170M)-173%2.7x(1.6x)
Jul 2022$373M$80M($196M)-245%5.2x(2.1x)

Market cap, enterprise value and last-twelve-month figures are month-end values, up to the last month Esperion Therapeutics traded.

Esperion Therapeutics Funding History

Esperion Therapeutics has raised a total of $33M across 1 funding round.

Esperion Therapeutics funding rounds

Esperion Therapeutics funding rounds
DateStageInvestorsRaised
Apr 2013Undisclosed stageLongitude Capital (lead); Alta Partners; Domain Associates; Asset Management Ventures (AMV); Arboretum Ventures; Aisling Capital$33M

Who has invested in Esperion Therapeutics?

6 investors have backed Esperion Therapeutics across its funding rounds, including Longitude Capital, Domain Associates, Arboretum Ventures, Asset Management Ventures (AMV), Aisling Capital and Alta Partners.

Lead investors include Longitude Capital.


Esperion Therapeutics Investors

Investors in Esperion Therapeutics by funding rounds participated
InvestorHQRoundsRoleFirst check
Alta PartnersUnited StatesJackson, MS1ParticipantApr 2013
Domain AssociatesUnited StatesSan Diego, CA1ParticipantApr 2013
Asset Management Ventures (AMV)United StatesSan Francisco, CA1ParticipantApr 2013
Arboretum VenturesUnited StatesAnn Arbor, MI1ParticipantApr 2013

This data is available for Pro users. Sign up to see all 6 Esperion Therapeutics investors.

Start Free Trial

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

Acquisitions by Esperion Therapeutics

Esperion Therapeutics has acquired 1 company to date.

Last acquisition by Esperion Therapeutics was on March 2nd 2026. Esperion Therapeutics acquired Corstasis Therapeutics for $75M.


Latest Acquisitions by Esperion Therapeutics

Corstasis Therapeutics
Description
Corstasis Therapeutics is a developer of therapies for fluid overload recovery in congestive heart failure and kidney diseases.
HQ CountryUnited States
HQ City
Las Vegas, NV
Deal Date2 Mar 2026
Valuation$75M
EV/Revenue
EV/EBITDA

This data is available for Pro users. Sign up to see all Esperion Therapeutics acquisitions and their M&A valuation multiples.

Start Free Trial

Esperion Therapeutics Competitors

Esperion Therapeutics competitors include listed companies like MoonLake, Aktis Oncology, Chengdu Kanghua and Philogen, and private ones like Letu and Formation Bio.

Public and private companies comparable to Esperion Therapeutics
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
MoonLakeSwitzerlandSwitzerlandPublicly listed-($220M)$1.1B-
Aktis OncologyUnited StatesUnited StatesPublicly listed$6M($72M)$1.1B46.6x
LetuChinaShenzhenPrivate--$1.1B-
Chengdu KanghuaChinaChinaPublicly listed$174M$50M$1.1B5.0x
PhilogenItalyItalyPublicly listed$360M$302M$1.1B6.1x
Formation BioUnited StatesNew York City, NYPrivate--$1B-

Esperion Therapeutics Public Comps

Esperion Therapeutics is no longer listed, but its public comps include MoonLake, Aktis Oncology, Chengdu Kanghua, Philogen, Cullinan Therapeutics, Alto Neuroscience, Changchun BCHT, MannKind, Guilin Sanjin and MeiraGTx.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
MoonLake-($220M)--(3.0x)(2.7x)
Aktis Oncology$6M($72M)90.8x46.6x(8.1x)-
Chengdu Kanghua$174M$50M5.4x5.0x18.8x18.5x
Philogen$360M$302M1.8x6.1x2.2x11.8x
Cullinan Therapeutics-($242M)-81.5x(3.1x)(3.6x)
Alto Neuroscience-($67M)--(12.9x)(8.3x)
Changchun BCHT$90M($30M)12.8x13.0x(38.6x)(43.5x)
MannKind$349M$43M3.7x3.1x29.8x-

This data is available for Pro users. Sign up to see all Esperion Therapeutics competitors and their valuation data.

Start Free Trial

Common questions about Esperion Therapeutics

When was Esperion Therapeutics founded?Esperion Therapeutics was founded in 2008.
Where is Esperion Therapeutics headquartered?Esperion Therapeutics is headquartered in United States.
Is Esperion Therapeutics publicly listed?No, Esperion Therapeutics was acquired by ArchiMed in April 2026.
Who acquired Esperion Therapeutics?Esperion Therapeutics was acquired by ArchiMed in April 2026.
How much was Esperion Therapeutics acquired for?Esperion Therapeutics was acquired for $1.1B in April 2026, a 2.7x revenue multiple.
How much funding has Esperion Therapeutics raised?Esperion Therapeutics has raised $33M across 1 funding round.
What was Esperion Therapeutics' last funding round?Esperion Therapeutics' last funding round was a $33M undisclosed-stage round in April 2013, led by Longitude Capital.
Who are Esperion Therapeutics' investors?Esperion Therapeutics' investors include Alta Partners, Domain Associates, Asset Management Ventures (AMV), Arboretum Ventures, Longitude Capital and Aisling Capital.
Which companies are comparable to Esperion Therapeutics?Companies comparable to Esperion Therapeutics include MoonLake, Aktis Oncology, Letu, Chengdu Kanghua, Philogen and Formation Bio.
What was Esperion Therapeutics' market cap before the acquisition?Esperion Therapeutics had a market cap of $820M in July 2026, its last month on record as a listed company.
How many companies has Esperion Therapeutics acquired?Esperion Therapeutics has acquired 1 company, including Corstasis Therapeutics.
What was the largest acquisition by Esperion Therapeutics?The $75M acquisition of Corstasis Therapeutics in March 2026 is the largest acquisition Esperion Therapeutics has made to date.

See companies similar to Esperion Therapeutics

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial