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What Is Colestipol Used For? -- An Overview. Colestipol (ColestidÂ®) is a medication that has been licensed for use in the treatment of high LDL cholesterol (bad cholesterol) and high total cholesterol.
What is colestipol, and how does it work (mechanism of action)? Colestipol is an oral cholesterol-lowering drug that is not absorbed from the intestine into the body. Rather, it works by binding to bile acids in the intestine and promoting the elimination of bile acids in the stool.