OBIO Orchestra BioMed Holdings Inc

By Dean Seal

Orchestra BioMed has gotten the go-ahead from federal regulators to start a study examining BackBeat, its atrioventricular interval modulation therapy for treating hypertension in pacemaker patients.

The biomedical company said Tuesday that the U.S. Food and Drug Administration has granted approval of an investigational device exemption that will allow the study to move forward.

Orchestra BioMed partnered with Medtronic on development and commercialization of the therapy in July 2022.

The company plans to begin enrollment in the BackBeat study before the end of this year.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

September 19, 2023 08:09 ET (12:09 GMT)

Orchestra BioMed (NASDAQ:OBIO)
Historical Stock Chart
From May 2024 to Jun 2024

Orchestra BioMed (NASDAQ:OBIO)
Historical Stock Chart
From Jun 2023 to Jun 2024