Orchestra BioMed Holdings, Inc. OBIO
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Company Overview
Orchestra BioMed Holdings, Inc. is a biomedical innovation company focused on developing and commercializing high-impact medical technologies through strategic partnerships with established medical device and healthcare companies. The company operates primarily in the cardiovascular and renal disease sectors, with an emphasis on device-based therapies intended to address unmet clinical needs in chronic disease management. Orchestra BioMed is publicly traded on Nasdaq under the ticker OBIO and has positioned itself as a partnership-driven innovator rather than a traditional fully integrated medical device manufacturer.
The company’s primary programs include the BackBeat Cardiac Neuromodulation Therapy (CNT) platform for hypertension management in patients with pacemakers and the Virtue Sirolimus AngioInfusion Balloon (SAB) platform for coronary and peripheral artery disease treatment. Revenue generation has historically been limited and tied primarily to collaboration agreements, licensing arrangements, milestone payments, and financing activities while products remain in development and clinical evaluation stages. Orchestra BioMed evolved through the merger of Health Sciences Acquisitions Corporation 2 and Orchestra BioMed in 2023, creating a publicly listed entity designed to accelerate commercialization and development activities.
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- Low
- $2.38
- Current
- $5.95
- High
- $6.48
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Corporate Info
New Hope, PA 18938