Name a microbe used for statin production. How do statins lower blood cholesterol level?

Explanation

**Step-by-Step Solution:**

1. **Identify the Microbe Used for Statin Production:**
- The microbe commonly used for the production of statins is *Monascus purpureus*, which is a type of yeast.

2. **Understand What Statins Are:**
- Statins are a class of drugs that act as inhibitors of certain enzymes involved in cholesterol production in the body.

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