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Companies / Healthcare / Orchestra BioMed Holdings, Inc.
OBIO

Orchestra BioMed Holdings, Inc.

HealthcareSurgical & Medical Instruments
Ticker OBIONEW HOPE, PAFiscal year ends DecemberBook value per share $0.31Diluted shares 62.0M

Orchestra BioMed Holdings, Inc. (Nasdaq: ORCHESTRA) is a biomedical innovation company that accelerates high-impact medical device technologies to patients through strategic collaborations with leading global medical device manufacturers. The company operates a partnership-enabled business model designed to share the… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$33.48M
+1169.2% year over year
Last 12 mo $31.98M
-154.73%
+2282.8 percentage points
Last 12 mo -181.36%
$-52.70M
+13.6% year over year
Last 12 mo $-59.03M
-98.38%
+86.8 percentage points
Last 12 mo -305.49%
Cash & financing
$-48.96M
+3.2% year over year
Last 12 mo $-58.32M
$-49.45M
+2.7% year over year
Last 12 mo $-59.10M
0.27
Was 0.43× a year earlier
Last 12 mo 1.80
47.7M
+29.7% year over year
Last 12 mo 62.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Orchestra BioMed Holdings, Inc. does

In the company’s own words

Orchestra BioMed Holdings, Inc. (Nasdaq: ORCHESTRA) is a biomedical innovation company that accelerates high-impact medical device technologies to patients through strategic collaborations with leading global medical device manufacturers. The company operates a partnership-enabled business model designed to share the risks and rewards of developing and commercializing innovative product candidates with established multinational partners rather than pursuing independent commercialization.

The company's flagship product candidates address major cardiovascular indications in large, well-established global markets. AVIM Therapy is a bioelectronic treatment for uncontrolled hypertension designed to reduce blood pressure through programmed cardiac pacing algorithms integrated into standard dual-chamber pacemakers. The company has an exclusive license and collaboration agreement with Medtronic for development and commercialization of AVIM Therapy in pacemaker-indicated patients, with the BACKBEAT global pivotal study currently enrolling patients. Virtue Sirolimus AngioInfusion Balloon is a drug-device combination product candidate for treating atherosclerotic artery disease, particularly in-stent restenosis, designed to deliver an extended-release sirolimus formulation without requiring balloon coating or permanent implants. The company recently initiated the Virtue Trial, a pivotal study comparing Virtue SAB to Boston Scientific's AGENT drug-coated balloon.

Orchestra BioMed's pipeline also includes Cardiac Neuromodulation Therapy for heart failure and potential applications of its proprietary SirolimusEFR formulation in additional indications. The company was formed in 2018 through the merger of Caliber Therapeutics and BackBeat Medical, combining their respective product development capabilities. In January 2023, Orchestra BioMed completed a business combination with Health Sciences Acquisitions Corporation 2, becoming a publicly traded company.

The company has secured significant partnerships and funding to support its development programs, including investments from Medtronic, Terumo Corporation, and Ligand Pharmaceuticals. Orchestra BioMed targets addressable markets exceeding $2.4 billion annually for AVIM Therapy in pacemaker-indicated hypertension patients and at least $10 billion for Virtue SAB across its targeted indications.

Company details
Sector
Healthcare
Industry
Surgical & Medical Instruments
Headquarters
NEW HOPE, PA
Fiscal year end
December
CIK
1814114
SIC
3841

Financial performance, year by year

Fiscal 2021–2025 · USD
$-70.47M$-42.12M$-13.77M$14.58M$42.93M20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Orchestra BioMed Holdings, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

55
funds hold it
0 of 35
superinvestors hold it
$21.07M
held by funds, at market
8.3%
of shares held by funds

Largest fund holders · Orchestra BioMed Holdings, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
0.01%of fund net assets
Simplify Propel Opportunities ETF
SURI · Simplify Exchange Traded Funds
1.23%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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