KBC Securities - ONWARD MEDICAL NV (ONWD) Onward Medical FIRST LOOK: BCI obtains Onwards 10th BDD

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KBC Securities

Thomas Vranken

Onward Medical FIRST LOOK: BCI obtains Onward's 10th BDD

Onward announced that its ARC-BCI system has received Breakthrough Device Designation (BDD), marking the 10th BDD for the company. The designation comes with regulatory and reimbursement advantages, which could accelerate timelines down the line. In the meantime, we look forward to the regulatory filing for ARCEX in upper limb function, which we expect in 1H24. € 10 TP and Buy rating reiterated.

29/02/2024 1 EN

Underlying

ONWARD MEDICAL NV

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NL0015000HT4 Euronext Brussels Netherlands

Provider

KBC Securities

We are a financial services provider for several types of professional clients, each with distinct needs.

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Analysts

Thomas Vranken

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Onward Medical FIRST LOOK: BCI obtains Onward's 10th BDD

We are a financial services provider for several types of professional clients, each with distinct needs.

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

Umicore Feedback FY25 results conference call

Morning Notes : COFB BB, GLPG NA, UMI BB

Cofinimmo FY25 results above expectations, guidance below

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