Degroof Petercam - ONWARD MEDICAL NV (ONWD) Onward Medical NV - Providing comfort on ARC-EX launch

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Degroof Petercam

David Seynnaeve, PhD

Onward Medical NV - Providing comfort on ARC-EX launch

*This morning, ONWD announced its 2024 priorities and released key financial highlights *Importantly, ONWD reiterated 1/ its Q4 launch timing for ARC-EX and 2/ 2024 launch of the pivotal study Empower-BP for blood pressure management *No impact on estimates and valuation; Buy rating reiterated. We expect a positive share price reaction as the approval & launch of ARC-EX was one of the main concerns of investors as launch was previously pushed twice

15/03/2024 1 EN

Underlying

ONWARD MEDICAL NV

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NL0015000HT4 Euronext Brussels Netherlands

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Degroof Petercam

We are an investment house with Belgian roots founded on more than 150 years of trust.

As a private company owned by long-term committed shareholders, we are independent. Naturally and structurally. Our experts have the knowledge to think and act without bias, and to make decisions that benefit our clients. Today and tomorrow.

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Analysts

David Seynnaeve, PhD

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Onward Medical NV - Providing comfort on ARC-EX launch

Morning Notes : AKZA NA, ELI BB, MELE BB, UCB BB, ONWD BB

Onward Medical Announces enrolment of first participant in Empower BP trial

ONWARD Medical Announces First Participant Enrolled in Global Pivotal Study Evaluating ARC-IM System to Address Blood Pressure Instability After Spinal Cord Injury

(Sponsored) Cabka - Extracting full value from recent investments

EnergyVision - Profitable green energy with a sunny growth outlook

(Sponsored) Fastned - Gearing up for a growth spurt

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