Bempedoic acid is a once-a-day oral medication that will be commercially known as Nexletol. Once upon a time, a blockbuster diabetes drug, Avandia can raise cholesterol. Hmm. The American Heart Association explains the different cholesterol medications for lowering high cholesterol including Statins, HMG CoA reductase inhibitors, Selective cholesterol absorption inhibitors, Resins, bile acid sequestrant, bile acid-binding drugs, Lipid-Lowering Therapies. 2. Like other high cholesterol medications, risks of muscle damage, kidney damage and liver damage may occur rarely and secondary to the common side effects of this mediation. Pravachol: Pravachol is used to lower bad cholesterol and triglycerides and raise good cholesterol, which can have a positive effect on the risk of cardiovascular disease. 4. Below is a list of common medications used to treat or reduce the symptoms of high cholesterol. The FDA approved it for use with a healthy diet and the maximum dose of statins a … Fortunately, even if some of these medications raise your cholesterol levels, the effect is usually only slight and temporary. Katrina Wittkamp / Getty Images Blood Pressure Drugs With Neutral Effect . That, however, is the least of it’s worries as consistent reports of life-threatening reactions have led the United Kingdom and South Africa to both withdraw this drug from their countries. This drug is still FDA-approved for U.S. citizens. Diuretics: