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Orchestra BioMed Holdings, Inc.

OBIO Nasdaq Healthcare · Surgical & Medical Instruments & Apparatus New Hope, PA orchestrabiomed.com
$6.06
Mkt Cap 345.6M
Our Vision Our vision is to accelerate medical innovation to patients through risk-reward-sharing partnerships with leading medical device companies. Our Company We are a biomedical innovation company…

Our Vision Our vision is to accelerate medical innovation to patients through risk-reward-sharing partnerships with leading medical device companies. Our Company We are a biomedical innovation company accelerating high-impact technologies to patients through strategic collaborations with market-leading global medical device companies. We are led by a highly accomplished, multidisciplinary management team and a board of directors with extensive experience in all phases of therapeutic device development. Our business was formed in 2018 by assembling a pipeline of multiple late-stage clinical product candidates originally developed by our founding team. Our flagship product candidates are Atrioventricular Interval Modulation Therapy ( AVIM Therapy ) for the treatment of hypertension ( HTN ), the leading risk factor for death worldwide, and Virtue Sirolimus AngioInfusion Balloon ( Virtue SAB ) for the treatment of atherosclerotic artery disease, the leading cause of mortality worldwide. We have an exclusive license and collaboration agreement with Medtronic, Inc. (an affiliate of Medtronic plc) ( Medtronic ) for the development and commercialization of AVIM Therapy for the treatment of uncontrolled HTN in patients indicated for a cardiac pacemaker (as amended, the Medtronic Agreement ). We are actively conducting a double-blind, randomized, global pivotal study (the BACKBEAT study ), enrolling up to 500 patients with uncontrolled hypertension who are indicated for a Medtronic dual-chamber pacemaker, with enrollment completion currently planned for mid-2026.

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REVENUE TTM
$32.0M
FCF TTM
-$59.1M
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