A new cholesterol lowering drug called Praluent was recently approved by the U.S. Food and Drug Administration and introduced to the market. Praluent is said to be a better alternative to statins. There are millions of people in the United States that currently take statins. Statins are a medication that people take to lower cholesterol in order to prevent heart attacks and strokes. Examples of statins include Lipitor, Lescol, Altoprev, Livalo, Pravachol, Crestor and Zocor.