Exhibit 10.47

                SECOND AMENDMENT TO COMMERCIAL SUBLEASE AGREEMENT

      This Second Amendment to Commercial Sublease Agreement ("Amendment")
dated September 10, 2002, is made by and between Southwest Michigan
Innovation Center, Inc. (formerly known as SWMF Holdings Corporation)
("Landlord") and Esperion Therapeutics, Inc. ("Tenant").

                              PRELIMINARY STATEMENT

      A. Landlord and Tenant entered into a Commercial Sublease dated June 22,
2001 (the "Sublease") covering the following numbered rooms in McCracken Hall at
Western Michigan University: 5010, 5030, 5040, 5041, 5042, 5070, 5090, 5110,
5111, and 5280C.

      B. Pursuant to paragraph 3 of the Sublease, the term of the Sublease
is for one (1) year commencing October 15, 2001 and expiring October 14, 2002.

      C. Pursuant to paragraph 3, Tenant has the option to renew the Sublease
for four (4) additional six (6) month terms, the first of which shall commence
immediately after the end of the original term of the Sublease.

      D. Tenant has given Landlord notice of intent to renew the Sublease for
the first six-month renewal term and the parties are entering into this
Amendment to memorialize such renewal.

                                    AGREEMENT

      1. The Sublease is hereby amended to extend the term of the Sublease for
one (1) additional six (6) month period and the term of the Sublease will
commence on October 15, 2002 and expire on April 14, 2003, unless further
extended in accordance with the terms of paragraph 3 of the Sublease.

      2. In accordance with the Sublease, rent during the additional term shall
be the same as the rent specified in Section 4 of the Sublease, as amended.

      3. Except as expressly stated otherwise in this Amendment, all rights and
obligations of Tenant and Landlord contained in the Sublease remain in full
force and effect.

      4. This Amendment may be executed in counterparts and by facsimile, each
of which shall constitute an original and all of which shall together constitute
one and the same Amendment.

      IN WITNESS WHEREOF, the parties have executed this Second Amendment as of
the day and year first above written.

                        SOUTHWEST MICHIGAN INNOVATION CENTER, INC.


                        By: /s/ Barry Broome
                            ----------------
                            Barry Broome
                                 Its:   Executive Director/CEO


                              ESPERION THERAPEUTICS, INC.

                        By: /s/ Roger Newton
                            ----------------
                            Roger Newton
                                 Its:   CEO