
Shares of drug developer Esperion ESPR.O rise 7% to $3.15 during afternoon trading
Co says it will receive a $90 million payment after its Japanese partner, Otsuka Pharmaceutical, launched cholesterol-lowering drug Nexletol in Japan.
Otsuka received national approval to sell Nexletol for patients with high cholesterol and certain inherited cholesterol disorders, ESPR says
ESPR eligible for additional milestones and 15%-30% royalties on Japan sales
Japan is third-largest market for cardiovascular prevention, ESPR says
Including session's move, shares up ~44% YTD