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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.
Colestipol belongs to a group of drugs called bile acid sequestrants. These work by binding bile acids, substances that are bound to LDL cholesterol (bad cholesterol), and then removing them from the body. This medication comes tablets to be taken by mouth. It is usually taken 1 or 2 times per day, with meals.