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Orchestra BioMed Receives FDA Breakthrough Device Designation for AVIM Therapy

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Orchestra BioMed (Nasdaq: OBIO) has received FDA Breakthrough Device Designation (BDD) for its atrioventricular interval modulation (AVIM) therapy. The designation applies to an estimated 7.7 million U.S. patients with uncontrolled hypertension and increased cardiovascular risk.

The AVIM therapy, delivered through an implantable pacemaker system, is designed for patients with preserved left ventricular systolic function and uncontrolled hypertension, despite using anti-hypertensive medications. The company is currently conducting the BACKBEAT global pivotal study in collaboration with Medtronic (NYSE: MDT).

The BDD status provides accelerated FDA engagement and reviews, while potentially supporting higher reimbursement for AVIM-enabled devices through Medicare's New Technology Add-on Payment and Transitional Pass-Through payments programs.

Orchestra BioMed (Nasdaq: OBIO) ha ottenuto la Designazione di Dispositivo Innovativo (BDD) dalla FDA per la sua terapia di modulazione dell'intervallo atrioventricolare (AVIM). Questa designazione riguarda circa 7,7 milioni di pazienti statunitensi con ipertensione non controllata e aumentato rischio cardiovascolare.

La terapia AVIM, somministrata tramite un sistema di pacemaker impiantabile, è pensata per pazienti con funzione sistolica ventricolare sinistra preservata e ipertensione non controllata, nonostante l'uso di farmaci antiipertensivi. L'azienda sta attualmente conducendo lo studio globale pivotale BACKBEAT in collaborazione con Medtronic (NYSE: MDT).

Lo status BDD garantisce un coinvolgimento e revisioni accelerate da parte della FDA, supportando potenzialmente un rimborso più elevato per i dispositivi abilitati AVIM tramite i programmi Medicare New Technology Add-on Payment e Transitional Pass-Through payments.

Orchestra BioMed (Nasdaq: OBIO) ha recibido la Designación de Dispositivo Innovador (BDD) de la FDA para su terapia de modulación del intervalo atrioventricular (AVIM). Esta designación se aplica a aproximadamente 7,7 millones de pacientes en EE. UU. con hipertensión no controlada y mayor riesgo cardiovascular.

La terapia AVIM, administrada mediante un sistema de marcapasos implantable, está diseñada para pacientes con función sistólica del ventrículo izquierdo preservada e hipertensión no controlada, a pesar del uso de medicamentos antihipertensivos. La empresa está llevando a cabo actualmente el estudio global pivotal BACKBEAT en colaboración con Medtronic (NYSE: MDT).

El estatus BDD permite una interacción y revisión acelerada por parte de la FDA, y potencialmente apoya un mayor reembolso para los dispositivos habilitados con AVIM a través de los programas Medicare New Technology Add-on Payment y Transitional Pass-Through payments.

Orchestra BioMed (나스닥: OBIO)는 심방실간격 조절(AVIM) 치료법에 대해 FDA 혁신 의료기기 지정(BDD)을 받았습니다. 이 지정은 통제되지 않는 고혈압과 심혈관 위험이 증가한 약 770만 명의 미국 환자에게 적용됩니다.

AVIM 치료는 이식형 심박조율기 시스템을 통해 제공되며, 좌심실 수축 기능이 보존되었으나 항고혈압제 사용에도 불구하고 혈압이 조절되지 않는 환자를 위해 설계되었습니다. 회사는 현재 Medtronic (NYSE: MDT)와 협력하여 글로벌 중추 연구인 BACKBEAT 연구를 진행 중입니다.

BDD 지위는 FDA와의 신속한 소통 및 검토를 가능하게 하며, Medicare의 신기술 추가 지급(New Technology Add-on Payment) 및 일시적 통과 지불(Transitional Pass-Through payments) 프로그램을 통해 AVIM 탑재 기기의 상환율을 높이는 데 기여할 수 있습니다.

Orchestra BioMed (Nasdaq : OBIO) a reçu la désignation de dispositif révolutionnaire (BDD) de la FDA pour sa thérapie de modulation de l’intervalle atrioventriculaire (AVIM). Cette désignation concerne environ 7,7 millions de patients américains souffrant d’hypertension non contrôlée et présentant un risque cardiovasculaire accru.

La thérapie AVIM, délivrée via un système de stimulateur cardiaque implantable, est destinée aux patients ayant une fonction systolique ventriculaire gauche préservée et une hypertension non contrôlée malgré l’utilisation de médicaments antihypertenseurs. L’entreprise mène actuellement l’étude pivot mondiale BACKBEAT en collaboration avec Medtronic (NYSE : MDT).

Le statut BDD permet une interaction et des évaluations accélérées avec la FDA, tout en soutenant potentiellement un remboursement plus élevé des dispositifs équipés de l’AVIM via les programmes Medicare New Technology Add-on Payment et Transitional Pass-Through payments.

Orchestra BioMed (Nasdaq: OBIO) hat von der FDA die Auszeichnung als Breakthrough Device (BDD) für seine atrioventrikuläre Intervallmodulationstherapie (AVIM) erhalten. Diese Auszeichnung gilt für schätzungsweise 7,7 Millionen US-Patienten mit unkontrolliertem Bluthochdruck und erhöhtem kardiovaskulärem Risiko.

Die AVIM-Therapie, die über ein implantierbares Schrittmachersystem verabreicht wird, ist für Patienten mit erhaltener linksventrikulärer systolischer Funktion und unkontrolliertem Bluthochdruck trotz Einnahme von blutdrucksenkenden Medikamenten konzipiert. Das Unternehmen führt derzeit die globale wegweisende Studie BACKBEAT in Zusammenarbeit mit Medtronic (NYSE: MDT) durch.

Der BDD-Status ermöglicht eine beschleunigte FDA-Interaktion und -Prüfung und unterstützt potenziell eine höhere Erstattung für AVIM-fähige Geräte durch die Medicare-Programme New Technology Add-on Payment und Transitional Pass-Through payments.

Positive
  • FDA Breakthrough Device Designation received for AVIM therapy
  • Large addressable market of 7.7 million U.S. patients
  • Strategic collaboration with market leader Medtronic
  • Potential for enhanced Medicare reimbursement pathways
Negative
  • Product still in clinical trial phase, not yet approved
  • Success of BACKBEAT pivotal study uncertain
  • Dependent on Medtronic's first negotiation rights for market expansion

Insights

FDA Breakthrough Designation accelerates AVIM therapy's regulatory pathway, potentially expanding market reach and securing premium reimbursement advantages.

The FDA's Breakthrough Device Designation (BDD) for Orchestra BioMed's AVIM therapy represents a significant regulatory milestone with strategic implications. This designation applies to an estimated 7.7 million U.S. patients with uncontrolled hypertension and increased cardiovascular risk—significantly expanding the potential market beyond just the pacemaker-indicated patients in the current BACKBEAT study.

BDD status provides tangible benefits: accelerated FDA review timelines, enhanced agency communication, and priority processing. The most significant commercial advantage comes from eligibility for premium reimbursement pathways through Medicare's New Technology Add-on Payment (NTAP) and Transitional Pass-Through payment programs—mechanisms that can overcome initial reimbursement hurdles that typically slow adoption of innovative medical technologies.

This designation encompasses both the immediate target population of pacemaker patients with hypertension and a substantially larger population with uncontrolled hypertension and cardiovascular risk factors. While AVIM therapy remains investigational under an FDA IDE, the BDD status indicates the agency recognizes its potential to address significant unmet medical needs in cardiovascular disease management.

Medtronic partnership validates OBIO's technology, with Breakthrough Designation expanding commercial potential beyond initial pacemaker market.

The strategic collaboration with Medtronic, the global leader in cardiac rhythm management, provides Orchestra BioMed with valuable development support and commercial infrastructure for AVIM therapy. Critically, Medtronic holds right-of-first-negotiation to expand licensing beyond the initial pacemaker patient focus to the broader hypertension market—potentially transforming the commercial opportunity.

The addressable market is substantial with 7.7 million potential U.S. patients meeting the BDD criteria. The AVIM approach using conduction system pacing represents a novel device-based intervention for hypertension, traditionally managed pharmaceutically. This creates a differentiated therapeutic option for patients with medication options or medication intolerance.

The BACKBEAT pivotal study represents the critical near-term value driver, focusing on patients with both pacemaker indications and uncontrolled hypertension. This creates a logical staged development approach: first targeting a population already receiving implantable devices before potentially expanding to broader populations.

For Orchestra BioMed, the partnership provides validation and resources typically inaccessible to smaller companies. While commercial revenue remains dependent on successful clinical outcomes and regulatory clearance, the BDD status enhances both regulatory and reimbursement pathways that will ultimately determine market adoption of this innovative therapeutic approach.

  • Breakthrough Device Designation (“BDD”) applies to an estimated U.S. population of over 7.7 million patients with uncontrolled hypertension and increased cardiovascular risk
  • BDD also encompasses pacemaker-indicated patients with uncontrolled hypertension who are the focus of the BACKBEAT global pivotal study Orchestra BioMed is currently enrolling in strategic collaboration with Medtronic, plc (NYSE: MDT)
  • BDD status provides accelerated FDA engagement and reviews for AVIM therapy; it also supports potential pathways to secure higher reimbursement for AVIM-enabled devices in the future

NEW HOPE, Pa., April 22, 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 that the U.S. Food and Drug Administration (“FDA”) has granted Breakthrough Device Designation (“BDD”) for atrioventricular interval modulation (“AVIM”) therapy.

Specifically, the BDD is for an implantable system (i.e., a pacemaker) to deliver AVIM therapy using conduction system pacing to reduce blood pressure in patients with increased ten-year atherosclerotic cardiovascular disease (“ASCVD”) risk, preserved left ventricular systolic function, and uncontrolled hypertension, despite the use of anti-hypertensive medications or in patients who may have intolerance to anti-hypertensive medications. Orchestra BioMed estimates that there are over 7.7 million patients in the U.S. that meet the criteria for the BDD for AVIM therapy. AVIM therapy is currently being evaluated under an FDA investigational device exemption (“IDE”) in the BACKBEAT global pivotal study which is being conducted by Orchestra BioMed in collaboration with Medtronic. The BACKBEAT pivotal study is enrolling pacemaker-indicated patients with uncontrolled hypertension despite the use of anti-hypertensive medication, a key subpopulation under the BDD for which Orchestra BioMed believes AVIM therapy may offer optimal clinical benefit.

“We are delighted to have received FDA Breakthrough Device Designation for AVIM therapy which has the potential to offer a differentiated, advantageous solution for hypertension management in a broad population,” commented David Hochman, Chairman and Chief Executive Officer of Orchestra BioMed. “Patients at higher risk for mortality and morbidity associated with high blood pressure are the core of the population we are actively enrolling in the BACKBEAT global pivotal study of hypertensive pacemaker-indicated patients in collaboration with Medtronic. The FDA Breakthrough Device Designation recognizes the potential of this unique therapy to benefit a significantly expanded number of patients who are not indicated for a pacemaker but who also have uncontrolled hypertension and increased cardiovascular risk. We are committed to working closely with the FDA, Medtronic and the clinical community to maximize the impact of AVIM therapy.”

The FDA Breakthrough Devices Program, which reflects the FDA’s commitment to device innovation and protecting public health, is designed to expedite the development and provide priority review of innovative medical technologies that have the potential to significantly improve outcomes for patients with serious or life-threatening conditions. To be eligible for this designation, a device must demonstrate the potential to provide more effective treatment or diagnosis of a life-threatening or irreversibly debilitating condition. In addition, the device must meet at least one of the following criteria: it must represent breakthrough technology, have no approved or cleared alternatives, offer significant advantages over existing options, or be determined by the FDA to be in the best interest of patients.

Beyond regulatory acceleration, the Breakthrough designation may also support favorable reimbursement pathways, including eligibility for incremental inpatient reimbursement through the New Technology Add-on Payment (“NTAP”) and outpatient Transitional Pass-Through payments (“TPT”) under the Center for Medicare & Medicaid Services (“CMS”) programs. These mechanisms may help facilitate more timely access to breakthrough technologies while supporting provider adoption and patient access.

“We are very pleased that AVIM therapy received Breakthrough Device Designation, a recognition of the potential of AVIM therapy to address unmet needs in hypertension management,” said Robert C. Kowal, M.D., Ph.D., Vice President and General Manager of Cardiac Pacing Therapies within the Medtronic Cardiac Rhythm Management operating unit. “Hypertension remains a significant global public health challenge that is especially relevant to the pacemaker population as the most common comorbidity in these patients. Medtronic is committed to collaborating with Orchestra BioMed to advance this innovative, investigational therapy through the BACKBEAT global pivotal study.”

Orchestra BioMed has a strategic collaboration with Medtronic, the global market leader in cardiac pacing therapies, for development and commercialization of AVIM therapy for the treatment of uncontrolled hypertension in pacemaker-indicated patients. Under the terms of the existing collaboration agreement, Medtronic holds the right of first negotiation to expand its licensing agreement with Orchestra BioMed to obtain global rights to commercialize AVIM therapy for the treatment of uncontrolled hypertension in patients that do not have an indication for a pacemaker.

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 atrioventricular interval modulation (AVIM) therapy for the treatment of hypertension, a significant risk factor for death worldwide. Orchestra BioMed is also developing the Virtue® Sirolimus AngioInfusion™ Balloon (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 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. For further information about Orchestra BioMed, please visit www.orchestrabiomed.com, and follow us on LinkedIn.

References to Websites and Social Media Platforms

References to information included on, or accessible through, websites and social media platforms do not constitute incorporation by reference of the information contained at or available through such websites or social media platforms, and you should not consider such information to be part of this press release.

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 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 further 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.

About the FDA Breakthrough Device Program

The FDA Breakthrough Device Program, established in 2015, is designed to expedite the development, review, and potential market access of medical devices that may offer more effective treatment or diagnosis for life-threatening or irreversibly debilitating conditions. The designation provides manufacturers with prioritized FDA review and early, frequent interactions with agency experts to efficiently address development and regulatory considerations. Breakthrough status may also support streamlined reimbursement pathways, including eligibility for New Technology Add-on Payments (NTAP) and Transitional Pass-Through Payments (TPT), by helping to demonstrate substantial clinical improvement.

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 potential efficacy, safety and commercial value of the Company’s commercial product candidates, including the ability of AVIM therapy to favorably influence ventricular function, implementation of the Company’s ongoing BACKBEAT global pivotal study, the potential benefits of BDD, including its ability to expedite FDA reviews and streamline reimbursement pathways, the ability of the Company’s partnerships to accelerate clinical development, the nature and speed of the FDA’s review and regulatory process with respect to AVIM therapy, the ability to secure Medicare incremental payment programs, and the Company’s late-stage development programs and strategic partnerships. 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 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 U.S. Securities and Exchange Commission on March 31, 2025, as updated by any risk factors disclosed under the heading “Item 1A. Risk Factors” in Part II of the Company’s subsequently filed quarterly reports on Form 10-Q.

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
(908) 723-4489
Snewcomb@orchestrabiomed.com

Media Contact
Kelsey Kirk-Ellis
Orchestra BioMed
(484) 682-4892
Kkirkellis@orchestrabiomed.com


FAQ

What is the market potential for Orchestra BioMed's (OBIO) AVIM therapy?

The AVIM therapy targets an estimated 7.7 million U.S. patients with uncontrolled hypertension and increased cardiovascular risk.

What benefits does the FDA Breakthrough Device Designation provide for OBIO's AVIM therapy?

The designation provides accelerated FDA reviews, priority development, and potential pathways for higher reimbursement through Medicare programs.

How is Orchestra BioMed (OBIO) conducting the BACKBEAT study for AVIM therapy?

The BACKBEAT global pivotal study is being conducted in collaboration with Medtronic, focusing on pacemaker-indicated patients with uncontrolled hypertension.

What is the partnership between Orchestra BioMed (OBIO) and Medtronic for AVIM therapy?

Medtronic has a strategic collaboration for development and commercialization of AVIM therapy, with rights to negotiate expansion for treating non-pacemaker patients.
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