FDA updates BACKBEAT study protocol, expanding patient eligibility criteria for AVIM therapy and potentially increasing eligible participants 24-fold.
Quiver AI Summary
Orchestra BioMed Holdings, Inc. has announced an FDA-approved update to the BACKBEAT study protocol, which significantly widens the eligibility criteria for patients with uncontrolled hypertension who are indicated for pacemakers. This change is expected to increase the potential patient pool by over 24 times compared to the original protocol. The expanded criteria now allow for screening any hypertensive patients with Medtronic Azure or Astra pacemakers, including both new implants and replacements, as well as those with symptomatic heart failure. The updates aim to align the study's patient population more closely with the significant need for effective treatment options in this demographic. The company believes this expansion will facilitate timely enrollment in the BACKBEAT study, planned for completion in mid-2026. AVIM therapy, the focus of the study, is designed to lower blood pressure in pacemaker-requiring patients and has shown promise in pilot studies.
Potential Positives
- FDA-approved protocol update significantly expands patient eligibility criteria for the BACKBEAT study, resulting in more than a 24-fold increase in the potentially eligible patient pool.
- Expanded criteria now include a broader range of hypertensive patients with pacemakers, aligning the study with the FDA Breakthrough Device Designation for AVIM therapy.
- Potential enrollment expansion supports the company's timeline for completing the BACKBEAT study by mid-2026, enhancing prospects for timely data collection and analysis.
- CEO David Hochman emphasized the importance of addressing the needs of millions of U.S. patients with uncontrolled hypertension, reinforcing the study's relevance and potential health impact.
Potential Negatives
- The significant increase in patient eligibility criteria for the BACKBEAT study may indicate that the company initially underestimated the patient pool's size or the potential demand for their therapy, which could raise concerns about their market understanding.
- The reliance on expanded eligibility criteria to meet enrollment targets could suggest difficulties in attracting the original targeted patient population, raising concerns about the study's robustness and the therapy's perceived value.
- Making the study more inclusive could lead to increased variability in patient responses, potentially complicating the evaluation of AVIM therapy's efficacy and safety, which may affect investor confidence and future commercial prospects.
FAQ
What are the new eligibility criteria for the BACKBEAT study?
The updated criteria include hypertensive patients with Medtronic Azure™ or Astra™ pacemakers and NYHA class I or II heart failure.
How much has the eligible patient pool increased for the BACKBEAT study?
The eligible patient pool has increased by more than 24-fold compared to the original protocol.
When is the full implementation of the updated protocol expected?
Full implementation of the updated protocol is expected in the fourth quarter of 2025.
What is AVIM therapy designed to treat?
AVIM therapy is designed to substantially reduce blood pressure in patients with uncontrolled hypertension indicated for pacemaker therapy.
What is the significance of the FDA Breakthrough Device Designation?
This designation highlights the potential of AVIM therapy to address high unmet needs in managing hypertension and cardiovascular risk.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$OBIO Insider Trading Activity
$OBIO insiders have traded $OBIO stock on the open market 5 times in the past 6 months. Of those trades, 4 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $OBIO stock by insiders over the last 6 months:
- ADVISORS LLC PERCEPTIVE purchased 700,000 shares for an estimated $1,925,000
- INVESTMENTS, LP RTW has made 2 purchases buying 99,900 shares for an estimated $275,701 and 0 sales.
- DAVID P HOCHMAN (See Remarks) purchased 20,000 shares for an estimated $55,000
- ERIC S FAIN sold 2,683 shares for an estimated $8,183
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$OBIO Hedge Fund Activity
We have seen 20 institutional investors add shares of $OBIO stock to their portfolio, and 27 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BOXER CAPITAL MANAGEMENT, LLC removed 238,193 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $1,019,466
- IFP ADVISORS, INC removed 76,563 shares (-47.3%) from their portfolio in Q2 2025, for an estimated $205,188
- BANK OF NEW YORK MELLON CORP removed 52,490 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $140,673
- Y-INTERCEPT (HONG KONG) LTD added 45,447 shares (+inf%) to their portfolio in Q2 2025, for an estimated $121,797
- JPMORGAN CHASE & CO removed 37,453 shares (-75.8%) from their portfolio in Q1 2025, for an estimated $160,298
- BLACKROCK, INC. removed 33,174 shares (-1.7%) from their portfolio in Q1 2025, for an estimated $141,984
- PRICE T ROWE ASSOCIATES INC /MD/ removed 27,050 shares (-5.6%) from their portfolio in Q1 2025, for an estimated $115,774
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$OBIO Analyst Ratings
Wall Street analysts have issued reports on $OBIO in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Chardan Capital issued a "Buy" rating on 08/07/2025
- Barclays issued a "Overweight" rating on 05/05/2025
- HC Wainwright & Co. issued a "Buy" rating on 04/04/2025
- BTIG issued a "Buy" rating on 03/20/2025
To track analyst ratings and price targets for $OBIO, check out Quiver Quantitative's $OBIO forecast page.
$OBIO Price Targets
Multiple analysts have issued price targets for $OBIO recently. We have seen 4 analysts offer price targets for $OBIO in the last 6 months, with a median target of $12.0.
Here are some recent targets:
- Keay Nakae from Chardan Capital set a target price of $20.0 on 08/07/2025
- Matt Miksic from Barclays set a target price of $12.0 on 05/05/2025
- Yi Chen from HC Wainwright & Co. set a target price of $12.0 on 04/04/2025
- Marie Thibault from BTIG set a target price of $12.0 on 03/20/2025
Full Release
- FDA-approved protocol update significantly expands patient eligibility criteria for the BACKBEAT global pivotal study (“BACKBEAT study”), resulting in an estimated more than 24-fold increase in the potentially eligible patient pool as compared to original study protocol
- Expanded eligibility criteria now include screening of any hypertensive patients who have received or are scheduled to receive a Medtronic Azure™ or Astra™ pacemaker, including device replacements
NEW HOPE, Pa., Aug. 08, 2025 (GLOBE NEWSWIRE) -- Orchestra BioMed Holdings, Inc. (Nasdaq: OBIO, “Orchestra BioMed” or the “Company”), a biomedical company accelerating high-impact technologies to patients through risk-reward sharing partnerships, today announced the roll out of a protocol update, approved by the U.S. Food and Drug Administration (“FDA”), that significantly expands patient eligibility criteria for enrollment of the BACKBEAT study evaluating AVIM therapy in pacemaker-indicated patients with uncontrolled hypertension despite the use of antihypertensive medications.
Key updates to eligibility criteria now include patients with:
- Medtronic Astra or Azure dual-chamber pacemakers with sufficient battery life implanted for any reason;
- Medtronic Astra or Azure dual-chamber pacemakers that are first device implants or implanted to replace an existing pacemaker; and
-
New York Heart Association (“NYHA”) class I or class II symptomatic heart failure.
Orchestra BioMed estimates that the BACKBEAT study protocol update increases the eligible potential patient pool at participating study centers by more than 24-fold as compared to the original protocol and supports the Company’s mid-2026 target for completion of enrollment. The Company initiated rollout of the updated protocol in the third quarter of 2025 with full implementation expected in the fourth quarter.
“These expanded eligibility criteria significantly increase the pool of potentially eligible patients available for enrollment in the BACKBEAT study at participating study centers. They also better align the study patient population with the key characteristics of the FDA Breakthrough Device Designation for AVIM therapy, which we estimate represents a patient population of millions of U.S. patients who need better therapeutic options to manage elevated systolic blood pressure and the corresponding higher risk of heart attack, stroke, heart failure and other morbid and mortal events,” said David Hochman, Chairman and CEO of Orchestra BioMed. “We believe these updates reinforce the relevance and potential impact of the BACKBEAT study as well as better position us to complete the BACKBEAT study in a timely manner.”
“Unlike traditional antihypertensive therapies, AVIM therapy has been designed specifically to address the needs of the older, higher risk hypertensive patients who often also need a pacemaker,” commented Andrea Russo, M.D., Academic Chief, Division of Cardiology, Director of Cardiac Electrophysiology and Arrhythmia Services, Cooper University Hospital, and Co-Principal Investigator of the BACKBEAT study. “The ability to activate AVIM therapy during the 10 to 12-year typical device lifecycle of a pacemaker reflects the practical and transformative potential of this therapy for this group of patients. With expanded patient eligibility criteria, the BACKBEAT study population will now better encompass a real-world population of older, pacemaker-indicated patients with uncontrolled hypertension and increased cardiovascular risk.”
About Orchestra BioMed
Orchestra BioMed (Nasdaq: OBIO) is a biomedical innovation company accelerating high-impact technologies to patients through risk-reward sharing partnerships with leading medical device companies. Orchestra BioMed’s partnership-enabled business model focuses on forging strategic collaborations with leading medical device companies to drive successful global commercialization of products it develops. Orchestra BioMed’s lead product candidate is AVIM therapy for the treatment of uncontrolled hypertension, the leading risk factor for death worldwide. Orchestra BioMed is also developing Virtue SAB for the treatment of atherosclerotic artery disease, the leading cause of mortality worldwide. Orchestra BioMed has a strategic collaboration with Medtronic, one of the largest medical device companies in the world, for development and commercialization of AVIM therapy for the treatment of uncontrolled hypertension in pacemaker-indicated patients, and a strategic partnership with Terumo, a global leader in medical technology, for development and commercialization of Virtue SAB for the treatment of artery disease. The Company has received four Breakthrough Device Designations from the U.S. FDA across these two core programs, reflecting the significant potential of its technologies to address high unmet needs in cardiovascular care. For further information about Orchestra BioMed, please visit
www.orchestrabiomed.com
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About AVIM Therapy
AVIM therapy is an investigational therapy compatible with standard dual-chamber pacemakers designed to substantially and persistently lower blood pressure. It has been evaluated in pilot studies in patients with uncontrolled hypertension who are also indicated for a pacemaker. MODERATO II, a double-blind, randomized pilot study, showed that patients treated with AVIM therapy experienced net reductions of 8.1 mmHg in 24-hour ambulatory systolic blood pressure (aSBP) and 12.3 mmHg in office systolic blood pressure (oSBP) at six months when compared to control patients. In addition to reducing blood pressure, clinical results using AVIM therapy demonstrate improvements in cardiac function and hemodynamics. The BACKBEAT (BradycArdia paCemaKer with atrioventricular interval modulation for Blood prEssure treAtmenT) global pivotal study will evaluate the safety and efficacy of AVIM therapy in lowering blood pressure in patients who have systolic blood pressure above target despite anti-hypertensive medication and who are indicated for or have recently received a dual-chamber cardiac pacemaker. AVIM therapy has been granted Breakthrough Device Designation by the FDA by using cardiac physiologic pacing for the treatment of uncontrolled hypertension in patients who have preserved left ventricular systolic function and are at increased cardiovascular risk.
Forward-Looking Statements
Certain statements included in this press release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements relating to the effect of study protocol on the potentially eligible patient pool, the timing of completion of enrollment for the BACKBEAT study, the timing of full implementation of updated study protocol, , the potential benefits of Breakthrough Device Designation, the potential of the Company’s technologies to address high unmet needs in cardiovascular care, realizing the clinical and commercial value of AVIM therapy and Virtue SAB, the potential safety and efficacy of the Company’s product candidates, and the ability of the Company’s partnerships to accelerate clinical development. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of the Company’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on as a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from assumptions. Many actual events and circumstances are beyond the control of the Company. These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political, and legal conditions; risks related to regulatory approval of the Company’s commercial product candidates and ongoing regulation of the Company’s product candidates, if approved; the timing of, and the Company’s ability to achieve expected regulatory and business milestones; the impact of competitive products and product candidates; and the risk factors discussed under the heading “Item 1A. Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, which was filed with the SEC on March 31, 2025 and the risk factor discussed under the heading “Item 1A. Risk Factors” in the Company’s Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2025, which was filed with the SEC on May 12, 2025.
The Company operates in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, the Company cautions against placing undue reliance on these forward-looking statements, which only speak as of the date of this press release. The Company does not plan and undertakes no obligation to update any of the forward-looking statements made herein, except as required by law.
Investor Contact
Silas Newcomb
Orchestra BioMed
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Media Contact
Kelsey Kirk-Ellis
Orchestra BioMed
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