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Esperion Therapeutics Closes Acquisition of Corstasis Therapeutics, Expanding Its Cardiovascular Franchise with Enbumyst™ (bumetanide nasal spray)

Rhea-AI Impact
(High)
Rhea-AI Sentiment
(Neutral)

Esperion (NASDAQ: ESPR) closed its acquisition of Corstasis Therapeutics on April 2, 2026, adding Enbumyst, the first and only FDA‑approved nasal spray loop diuretic. Enbumyst received FDA approval in September 2025 for edema associated with congestive heart failure, hepatic, and renal disease.

The acquisition expands Esperion’s cardiovascular franchise into outpatient, acute‑adjacent care and aims to leverage existing commercial infrastructure to accelerate adoption, payer engagement, and patient access.

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AI-generated analysis. Not financial advice.

Positive

  • Enbumyst FDA approval in September 2025
  • Adds an outpatient, acute‑adjacent cardiovascular therapy
  • Leverages Esperion commercial infrastructure and payer engagement
  • Acquisition closed on April 2, 2026

Negative

  • None.

News Market Reaction – ESPR

-2.30%
1 alert
-2.30% News Effect

On the day this news was published, ESPR declined 2.30%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Enbumyst FDA approval date: September 2025 Vision horizon: 2040
2 metrics
Enbumyst FDA approval date September 2025 Approval for edema in CHF, hepatic and renal disease in adults
Vision horizon 2040 Company’s long-term strategic "Vision 2040" reference

Market Reality Check

Price: $3.13 Vol: Volume 7,038,888 is 1.23x...
normal vol
$3.13 Last Close
Volume Volume 7,038,888 is 1.23x the 20-day average, showing elevated trading interest ahead of/around the acquisition close. normal
Technical Trading below the 200-day MA at 2.68, despite portfolio-expanding acquisition news.

Peers on Argus

ESPR fell 4.74% while peers were mixed: EOLS +5.12%, AKBA +0.71%, SIGA -4.26%, O...
1 Down

ESPR fell 4.74% while peers were mixed: EOLS +5.12%, AKBA +0.71%, SIGA -4.26%, ORGO -4.15%, AQST -1.43%, indicating a stock-specific reaction to the Corstasis close.

Previous Acquisition Reports

1 past event · Latest: Mar 03 (Positive)
Same Type Pattern 1 events
Date Event Sentiment Move Catalyst
Mar 03 Acquisition agreement Positive -11.0% Definitive agreement to acquire Corstasis and Enbumyst to expand portfolio.
Pattern Detected

Prior acquisition news for Corstasis/Enbumyst saw a negative share reaction of -11.01%, suggesting investors previously treated this deal cautiously.

Recent Company History

Over recent months, Esperion has focused on expanding its cardiometabolic franchise, including the definitive agreement to acquire Corstasis and Enbumyst™ on Mar 03, 2026, which triggered a -11.01% move. Today’s announcement marks the closing of that transaction, integrating the first FDA‑approved nasal spray loop diuretic into Esperion’s cardiovascular portfolio and advancing its strategy to broaden outpatient edema management offerings.

Historical Comparison

-11.0% avg move · In the past 6 months, Esperion’s only prior acquisition headline (Corstasis deal announcement) led t...
acquisition
-11.0%
Average Historical Move acquisition

In the past 6 months, Esperion’s only prior acquisition headline (Corstasis deal announcement) led to a -11.01% move, framing investor caution around this same transaction.

The company progressed from announcing a definitive agreement to acquire Corstasis on Mar 03, 2026 to formally closing the transaction in Apr 2026, moving Enbumyst into its active cardiovascular franchise.

Market Pulse Summary

This announcement confirms the closing of Esperion’s Corstasis acquisition, bringing Enbumyst, the f...
Analysis

This announcement confirms the closing of Esperion’s Corstasis acquisition, bringing Enbumyst, the first FDA-approved nasal spray loop diuretic for edema in adults, into its cardiovascular portfolio. It follows the definitive agreement disclosed on Mar 03, 2026, which drew a -11.01% reaction. Investors may focus on how effectively Esperion leverages its existing cardiovascular commercial infrastructure, the real-world uptake in outpatient settings, and the financial impact relative to prior expectations.

Key Terms

loop diuretic, edema, congestive heart failure, hepatic, +2 more
6 terms
loop diuretic medical
"Enbumyst, First and Only FDA-Approved Nasal Spray Loop Diuretic Now Integrated"
A loop diuretic is a prescription drug that helps the kidneys remove excess salt and water from the body by targeting a key part of the kidney’s filtering system; think of it as opening a bigger drain to clear a flooded basement. It matters to investors because these drugs are widely used to treat conditions like heart failure and fluid overload, so changes in prescribing guidelines, clinical trial results, safety concerns, or pricing can directly affect sales, hospital use, and healthcare costs.
edema medical
"therapies for the treatment of edema associated with cardiovascular and hepatic and renal disease"
Edema is the buildup of excess fluid in body tissues that causes visible swelling, like a sponge or water balloon filling up where it shouldn't. For investors, edema matters because it can be a side effect that affects patient safety, clinical trial results, treatment costs, regulatory approval, and public perception of healthcare products or services, all of which can influence a company’s financial outlook.
congestive heart failure medical
"improve fluid management for congestive heart failure patients"
A chronic condition in which the heart cannot pump blood efficiently enough to meet the body's needs, causing fluid buildup in the lungs and tissues; think of the heart as a weakened pump that lets pressure and fluid back up into pipes. It matters to investors because it drives demand for medications, medical devices, hospital services and long‑term care, influences healthcare spending and clinical trial activity, and can materially affect the revenue and regulatory risk for companies developing treatments.
hepatic medical
"treatment of edema associated with congestive heart failure, as well as hepatic and renal disease"
Pertaining to the liver; 'hepatic' describes anything involving the liver’s structure or function, such as blood flow, metabolism, or disease. Investors care because liver effects are a common reason drugs are halted, reworked, or carry extra regulatory scrutiny and costs—think of the liver as the body’s filter or engine: problems there can change a product’s safety profile, timelines, and commercial value.
renal medical
"treatment of edema associated with congestive heart failure, as well as hepatic and renal disease"
Renal means relating to the kidneys, the body’s filters that remove waste and balance fluids and salts. Investors care because renal conditions and treatments drive demand for drugs, devices, diagnostics and hospital care; changes in effectiveness, safety, approval or cost of renal therapies can affect company revenues, regulatory risk and health-care spending, much like a clog in a key pipeline affects an entire system.
cardiometabolic medical
"global burden of cardiometabolic disease"
Cardiometabolic describes health conditions that affect the heart and the body’s metabolism—most commonly heart disease, high blood pressure, type 2 diabetes and obesity—that often occur together and share common causes. Investors care because these linked conditions drive large, predictable demand for drugs, medical devices and long-term care, and changes in treatment options, guidelines or costs can materially affect healthcare company revenues and government spending much like a problem in an engine and its fuel system impacts the whole vehicle.

AI-generated analysis. Not financial advice.

– Enbumyst, First and Only FDA-Approved Nasal Spray Loop Diuretic Now Integrated into Esperion’s Cardiovascular Franchise, Anticipated to Drive Portfolio Expansion, Commercial Leverage, and Continued Revenue Growth

ANN ARBOR, Mich., April 02, 2026 (GLOBE NEWSWIRE) -- Esperion (NASDAQ: ESPR) (the Company) today announced the closing of its acquisition of Corstasis Therapeutics Inc., a privately-held, commercial-stage biopharmaceutical company advancing innovative outpatient therapies for the treatment of edema associated with cardiovascular and hepatic and renal disease.

“The closing of this acquisition marks an important milestone in advancing our Vision 2040 and strengthens our commitment to delivering differentiated therapies that address the growing global burden of cardiometabolic disease,” said Sheldon Koenig, President and Chief Executive Officer of Esperion. “Enbumyst is a novel, patient-friendly option that we believe can meaningfully improve fluid management for congestive heart failure patients. We have ambitious long-term commercial plans for this product and expect it to support our revenue growth while further solidifying Esperion’s leadership in cardiometabolic risk management.”

Through this acquisition, Esperion has acquired Corstasis, the developer and commercial sponsor of Enbumyst, the first and only FDA-approved nasal spray loop diuretic. Enbumyst received U.S. Food and Drug Administration (FDA) approval in September 2025 for the treatment of edema associated with congestive heart failure, as well as hepatic and renal disease in adults.

With Enbumyst, Esperion expands its cardiovascular portfolio into an acute-adjacent, outpatient setting where convenience and patient adherence are critical. The Company intends to leverage its established cardiovascular commercial infrastructure, including payer engagement, prescriber education, and field execution capabilities, to drive adoption and maximize patient access to Enbumyst.

Strategic Rationale

  • Category-first innovation: Enbumyst is the first and only FDA-approved nasal spray loop diuretic, offering a convenient administration route for appropriate adult patients with edema associated with CHF and hepatic or renal disease.
  • Commercial synergy: Esperion’s existing cardiovascular footprint, relationships, and infrastructure are expected to accelerate awareness, access, and uptake.
  • Portfolio diversification: Adds an adjacent, complementary therapy to Esperion’s cardiometabolic franchise, supporting sustained revenue growth expectations.
  • Patient-centric focus: Aims to provide effective, convenient fluid management options for patients and clinicians in outpatient care.

Jefferies LLC served as the exclusive financial advisor to Esperion and PJT Partners served as the exclusive financial advisor to Corstasis Therapeutics. Gibson, Dunn & Crutcher LLP served as legal advisor to Esperion and Arnold & Porter Kaye Scholer LLP served as legal advisor to Corstasis.

About ENBUMYST™ (bumetanide nasal spray)
ENBUMYST (bumetanide nasal spray) is a loop diuretic indicated for the treatment of edema associated with congestive heart failure, and hepatic and renal disease, including nephrotic syndrome in adults.

INDICATION AND IMPORTANT SAFETY INFORMATION FOR ENBUMYST™ (BUMETANIDE NASAL SPRAY)

INDICATION
ENBUMYST is indicated for the treatment of edema associated with congestive heart failure, and hepatic and renal disease, including nephrotic syndrome in adults.

IMPORTANT SAFETY INFORMATION
ENBUMYST is contraindicated in patients with anuria, who are in hepatic coma and have a history of hypersensitivity to bumetanide.

ENBUMYST is a diuretic that may cause fluid, electrolyte, and metabolic abnormalities. Excessive fluid loss can lead to dehydration, decreased blood volume, and increased risk of blood clots. Abnormalities may include changes in blood electrolytes, nitrogen, glucose, and uric acid. The chance of getting these abnormalities is higher in people who are elderly, use higher doses or who do not get enough electrolytes by mouth.

If increasing azotemia and oliguria occur during treatment of severe progressive renal disease, discontinue bumetanide.

Although unlikely at the recommended doses, the potential for ototoxicity must be considered a risk of intravenous therapy, at high doses, repeated frequently in the face of renal excretory function impairment.

Avoid use in patients with significant nasal mucosal or structural abnormalities, such as acute episodes of rhinitis or congestion due to any cause.

Advise lactating women treated with ENBUMYST to monitor their infants for excessive urine output, dehydration, and lethargy.

Most common adverse reactions are hypovolemia, headache, muscle cramps, dizziness, hypotension, nausea and encephalopathy (in patients with pre-existing liver disease).

These are not all of the possible side effects of ENBUMYST. To report suspected adverse reactions, contact Corstasis Therapeutics at 1-877-300-5339 or FDA at 1-800-FDA-1088 or www.fda.gov/medwatch.

Please see the full Prescribing Information for ENBUMYST.

About Esperion Therapeutics
Esperion Therapeutics, Inc. is a commercial-stage biopharmaceutical company dedicated to developing and delivering innovative cardiometabolic and rare/orphan disease therapies. The Company leverages deep domain expertise in ACLY biology to develop and commercialize transformative medicines for patients worldwide. Esperion currently markets two oral, once-daily, non-statin therapies for patients struggling to maintain their low-density lipoprotein cholesterol (LDL-C) levels and are at risk of cardiovascular disease and nasal spray, loop diuretic for the treatment of edema associated with congestive heart failure, and hepatic and renal disease.

With a broad U.S. commercial infrastructure and global approvals across more than 40 countries, Esperion is well positioned to serve as a partner-of-choice for global innovators seeking U.S. market access through acquisition, in-license, co-promotion and revenue share opportunities. In tandem, the Company is advancing its leadership in ACLY biology to build a diversified pipeline of novel product candidates, including treatments for Primary Sclerosing Cholangitis and renal diseases. For more information, visit esperion.com and follow Esperion on LinkedIn and X.

Forward-Looking Statements
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the federal securities laws, including statements regarding marketing strategy and commercialization and business development plans, current and planned operational expenses, expected profitability, future operations, commercial products, clinical development, plans for potential future product candidates, financial condition and outlook, including profitability, expectations regarding the acquisition of Corstasis and the prospects associated with Enbumyst, including the potential size of the congestive heart failure market opportunity, and other statements containing the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “suggest,” “target,” “potential,” “will,” “would,” “could,” “should,” “continue,” and similar expressions. Any express or implied statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are not guarantees of future performance and involve numerous evolving risks and uncertainties that Esperion may not be able to accurately predict or assess, and that could cause Esperion’s actual results to differ materially from those projected, including, without limitation, the failure to achieve anticipated sales of Enbumyst, the net sales, profitability, and growth of Esperion’s commercial products, clinical activities and results, supply chain, commercial development and launch plans, business development, the outcomes and anticipated benefits of legal proceedings and settlements, and the risks detailed in Esperion’s filings with the Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof, and Esperion disclaims any obligation or undertaking to update or revise any forward-looking statements contained in this press release, whether as a result of new information, future events or otherwise, other than to the extent required by law.

Esperion Contact Information:
Investors:
Alina Venezia
investorrelations@esperion.com
(734) 887-3903

Media:
Tiffany Aldrich
corporateteam@esperion.com
(616) 443-8438


FAQ

What did Esperion announce on April 2, 2026 regarding Enbumyst (ESPR)?

Esperion announced it closed the acquisition of Corstasis and added Enbumyst to its portfolio. According to the company, Enbumyst is the first FDA‑approved nasal spray loop diuretic, expanding its outpatient cardiovascular offerings and commercial reach.

When did Enbumyst receive FDA approval and for what indications (ESPR)?

Enbumyst received FDA approval in September 2025 for adult edema related to congestive heart failure, hepatic, and renal disease. According to the company, this approval makes Enbumyst the first nasal spray loop diuretic on the U.S. market.

How will the Corstasis acquisition affect Esperion’s commercial strategy (ESPR)?

The acquisition expands Esperion into outpatient, acute‑adjacent care and aims to leverage existing sales and payer relationships. According to the company, Esperion will use its commercial infrastructure to accelerate awareness, access, and uptake of Enbumyst.

What strategic benefits did Esperion cite for adding Enbumyst to its cardiovascular franchise (ESPR)?

Esperion highlighted category‑first innovation, commercial synergy, portfolio diversification, and patient‑centric convenience. According to the company, Enbumyst supports revenue growth expectations and complements its cardiometabolic product lineup.

Who advised on the Esperion acquisition of Corstasis (ESPR)?

Jefferies served as financial advisor to Esperion; PJT Partners advised Corstasis. According to the company, Gibson Dunn advised Esperion and Arnold & Porter advised Corstasis on legal matters related to the transaction.