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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 (koe LES ti pole) is used to lower cholesterol in patients who are at risk of heart disease or stroke. This medicine is only for patients whose cholesterol level is not controlled by diet. This drug also comes in other forms, including Oral Suspension. This drug can cause serious side effects.