Colestipol is a prescription medication which is used to treat high cholesterol (hypercholesterolemia). It lowers cholesterol by reducing fatty substances such as low-density lipoprotein (LDL) cholesterol, also known as bad cholesterol, in the blood.
Colestipol is available under the brand name Colestid and comes in the form of a tablet, as well as a powder for suspension (small granules which must be mixed with a liquid before consumption).