Fenofibrate SR Coated Pellet is used to reduce cholesterol levels in patients at risk of cardiovascular disease. The Pellet reduces low-density lipoprotein and very low density lipoprotein levels, as well as increasing high-density lipoprotein levels and reducing tryglycerides level. The Pellet has a beneficial effect on the insulin resistance featured by the metabolic syndrome. The Fenofibrate SR Coated Pellet is used alone or in conjunction with statins in the treatment of hypercholesterolemia and hypertriglyceridemia.