Icosapent ethyl also known as Lovaza or Vascepa is a prescription omega 3 fatty acid which is usually used to lower high triglycerides. Some people take fish oil supplements for high cholesterol which also have omega 3. Triglycerides are a type of cholesterol associated with blood sugar levels and can cause heart disease if levels are too high. The statins are medications like atorvastatin and rosuvastatin used to lower LDL “bad” cholesterol levels which increase the risk for heart disease. Type