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
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.
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
- 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.
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
- Chart on the Overview
- TradingView
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