Orchestra BioMed Holdings, Inc. is a biomedical innovation company. Its lead product candidate is BackBeat Cardiac Neuromodulation Therapy (BackBeat CNT) for the treatment of hypertension (HTN), the leading risk factor for death worldwide. It is also developing the Virtue Sirolimus AngioInfusion Balloon (Virtue SAB) for the treatment of atherosclerotic artery disease, the leading cause of mortality worldwide. It is developing bioelectronic therapies based on patented CNT technology. BackBeat CNT, also known as Atrioventricular Interval Modulation (AVIM) therapy, is a bioelectronic therapy candidate designed to substantially and persistently lower blood pressure. Virtue SAB is a proprietary drug/device combination product candidate for the treatment of artery disease that is designed to deliver a proprietary, investigational, extended-release formulation of sirolimus (SirolimusEFR) to the vessel wall during balloon angioplasty without the need for balloon coating or a permanent implant.
Growing
The company is in a growing phase, with the latest annual income totaling USD 2.64M.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 71.33.
Overvalued
The company’s latest PE is -1.33, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 26.96M shares, decreasing 13.75% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 1.16M shares of this stock.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of 2.02.