For the purpose of this question, I will assume that you mean to ask whether Arimidex would raise the cholesterol levels. Please let me know if this is correct or if there is something different you want to ask.
Arimidex is Brand name for the drug Anastrazole, which is actually belongs to a class of drugs called the Aromatase inhibitors which is used in Breast Cancer in post-menopausal women.
As far as raising Cholesterol, there is some evidence that it may increase serum lipid levels and therefore people with high lipid levels should monitor lipids while they take Arimidex. It may also induce Myocardial Infarction and therefore such patients would bear the brunt of two effects.
You may find more information on:http://en.wikipedia.org/wiki/Anastrozole and http://www.ons.org/publications/journals/cjon/Volume8/Issue1/080187.asp
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