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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 is used to decrease high cholesterol levels. Specifically, it lowers the levels of low-density lipoprotein (LDL) or âbadâ cholesterol in your body. This drug comes in the form of an oral tablet that you take by mouth. Itâs also available in granules.