Northwire Canada EditionTuesday, July 14, 2026
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WDO 26.04 −0.9% FVI 11.84 −1.6% OM 1.75 −1.7% ETG 2.99 +0.0% ARTG 31.47 −4.6% LUC 0.163 +1.6% AFM 1.38 +0.0% IMG 20.95 −3.5% CPAU 0.150 +3.5% MMX 0.075 +7.1% IE 12.47 −2.4% SASK 1.09 −1.8% MOG 0.390 +2.6% XIM 0.070 −6.7% S 0.110 −29.0% OMI 0.300 −4.8% WDO 26.04 −0.9% FVI 11.84 −1.6% OM 1.75 −1.7% ETG 2.99 +0.0% ARTG 31.47 −4.6% LUC 0.163 +1.6% AFM 1.38 +0.0% IMG 20.95 −3.5% CPAU 0.150 +3.5% MMX 0.075 +7.1% IE 12.47 −2.4% SASK 1.09 −1.8% MOG 0.390 +2.6% XIM 0.070 −6.7% S 0.110 −29.0% OMI 0.300 −4.8%
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HLS Therapeutics Announces NILEMDOTM (bempedoic acid) is now available in Canada for the Reduction of LDL-Cholesterol in Patients at Risk of Cardiovascular Disease

HLS · Price

Executive Summary

  • HLS Therapeutics announced the Canadian commercial launch of NILEMDO™ (bempedoic acid), a first‑in‑class, once‑daily oral non‑statin therapy for LDL‑cholesterol reduction.
  • The product is now available by prescription nationwide following Health Canada approval in November 2025; HLS holds exclusive Canadian rights licensed from Esperion Therapeutics.
  • HLS projects coverage by private payers in Q2 2026 and seeks public reimbursement later in 2026, with a follow‑on combination pill (NEXLIZET) slated for a 2027 launch.

Key Details

  • Product & Indication: NILEMDO™ (bempedoic acid) – indicated to lower LDL‑C and reduce major adverse cardiovascular events (MACE) in adults unable to achieve target LDL‑C with existing therapies or who are statin intolerant.
  • Regulatory Status: Health Canada approval received November 2025; eight‑year data protection from 17 Nov 2025, extending market exclusivity until 2040.
  • Licensing Arrangement: HLS in‑licensed exclusive Canadian rights to NILEMDO™ and NEXLIZET® (bempedoic acid/ezetimibe) from Esperion Therapeutics in May 2025.
  • Clinical Evidence: Supported by the CLEAR Outcomes trial (≈14,000 high‑risk patients) showing statistically significant reductions in cardiovascular death, non‑fatal MI, non‑fatal stroke, and coronary revascularization.
  • Target Population: Estimated > 500,000 Canadians could benefit from NILEMDO™ based on unmet LDL‑C lowering needs.
  • Reimbursement Outlook: Submission underway for both private and public formularies; meaningful private payer coverage expected in Q2 2026, public reimbursement anticipated late 2026.
  • Future Pipeline – NEXLIZET: Combination pill (bempedoic acid + ezetimibe) demonstrated ~38 % LDL‑C reduction in trials; regulatory submission ongoing with a projected commercial launch in 2027 pending Health Canada clearance.
  • Strategic Impact: CEO Craig Millian stated the launch “strengthens our cardiovascular portfolio and, along with Vascepa®, positions HLS as a leader in bringing novel oral cardiovascular medicines to the Canadian market.”

Notable Quotes

  • “With the launch of NILEMDO, Canadians who have been unable to reach their LDL‑C targets now have a new oral treatment option supported by robust cardiovascular outcomes data,” – Craig Millian, CEO, HLS Therapeutics.
  • “Bempedoic acid (NILEMDO) offers a new option for Canadian patients who cannot achieve their LDL‑C goal or are intolerant to statins,” – Dr. Lawrence Leiter, Professor of Medicine and Nutritional Sciences, University of Toronto.
Read the original news release →

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