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What Is Colestipol Used For? -- An Overview. Colestipol (ColestidÂ®) is a medication that has been licensed for use in the treatment of high LDL cholesterol (bad cholesterol) and high total cholesterol.
1 Two drugs specifically used to treat IBS are lubiprostone (Amitiza), a laxative, and linaclotide (Linzess), a constipation medication. 2  For females with IBS who experience severe diarrhea, alosetron (Lotronex) has been used. 3  Antibiotics may be used when small intestinal bacterial overgrowth (SIBO) is suspected.