Colestilan (colestimide) is a medication that acts as a phosphate binder and bile acid sequestrant. it is an ion-exchange resin, is an orally administered bile acid sequestrant that is being developed by mitsubishi tanabe pharma corporation for the treatment of hypercholesterolaemia and hyperphosphataemia. it has been launched in japan for hypercholesterolaemia. for the treatment of hyperphosphataemia, it is launched in austria, germany, the czech republic, portugal and the united kingdom, is registered in the eu. phase iii development in paediatric patients with hyperphosphataemia associated with chronic kidney disease was underway in the uk and germany. however, the company discontinued the development. in addition, the phase ii development in type-2 diabetes mellitus and phase i development in hyperphosphataemia, in japan, was also discontinued by the company.