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Orchestra Biomed Holdings OBIO · USD

Health Care · US listing · 🇺🇸 United States

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5.70

+0.35%

Close of 9 Nov 2026, in USD

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About Orchestra Biomed Holdings

From its filings with the US Securities and Exchange Commission

SEC filings

Orchestra Biomed Holdings is based in New Hope, Pennsylvania and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker OBIO. The SEC classifies its business as surgical & medical instruments & apparatus. In the fiscal year to 31 December 2025, it reported revenue of $33.5m and a net loss of $52.7m. At that date it held total assets of $114.9m and shareholders' equity of $53.6m.

In its own words

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. We recently initiated patient enrollments in the Virtue SAB in the Treatment of Coronary In-Stent Restenosis (“ISR”) Trial (the “Virtue Trial”) for our U.S.

Quoted from its 10-K, filed 12 Mar 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Health Care
Industry
Health Care Equipment & Supplies
Listed since
4 Aug 2020
Employees
86
Head office
150 UNION SQUARE DRIVE, NEW HOPE, PA, 18938
Incorporated in
DE
Classification
Surgical & Medical Instruments & Apparatus
Filer status
Non-accelerated filer<br>Smaller reporting company

Leadership

Pay as last reported

  • Mr. David HochmanChairman of the Board, Chief Executive Officer, since 2023$1.9m
  • Mr. Darren ShermanPresident, Chief Operating Officer, Director, since 2023$1.8m
  • Mr. Andrew TaylorChief Financial Officer$1.1m
  • Dr. Eric FainLead Independent Director$219,996
  • Mr. Jason AryehIndependent Director$189,996
  • Mr. Christopher ClearyIndependent Director
  • Ms. Pamela ConnealyIndependent Director$189,996
  • Mr. John MackIndependent Director$257,288
  • Mr. David PacittiIndependent Director$334,937

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
21
Environment
22
Social
34
Governance
8
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Flagship products Virtue SAB and BackBeat CNT address global health issues like artery disease and hypertension
  • Virtue SAB delivers sirolimus without balloon coating or permanent implant
  • BackBeat CNT provides immediate blood pressure reduction and autonomic nervous system modulation

Weaknesses

  • Company has 86 employees which is small for a Health Care sector company
  • IPO listing date 4 August 2020 indicates limited market history
  • Headquartered in New Hope, Pennsylvania, a small city with limited industry presence

Opportunities

  • Expanding into the US market for artery disease treatments
  • Growing demand for hypertension treatments in the US
  • Potential for partnerships with medical device companies in the Health Care sector

Threats

  • Competition from established medical device companies in the Health Care sector
  • Regulatory challenges for drug/device combination products
  • Global health trends affecting artery disease and hypertension treatment needs

Sources and methodology

Data on this tab
Our data supplier
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