Statins are a class of drugs that lower cholesterol by inhibiting the enzyme HMG-CoA reductase. They work by competing with HMG-CoA for binding to the active site of the enzyme, which reduces cholesterol production in the liver. Common statins include atorvastatin, fluvastatin, lovastatin, pitavastatin, pravastatin, rosuvastatin, and simvastatin. Statins are prescribed to reduce cardiovascular disease risk, both as a primary prevention for those at high risk due to factors like age, cholesterol levels, blood pressure, or smoking, and as a secondary prevention for those who have already developed cardiovascular disease.