Wedbush Morning Call - Aug 22 2025 6:54AM

IONS Read Throughs: Dawnzera Enters HAE Market, See Orladeyo Holding Strong

Morning Notes : KIN BB, SOF BB, XFAB FP, AZE BB

: KIN BB, SOF BB, XFAB FP, AZE BB

Kinepolis Group Keep The Faith, they Wanna Be Startin' Somethin' in M&A

Investors should Keep The Faith as Kinepolis Group showed resilience in 1H25, rebounding from a weak start with strong 2Q visitor growth and rising profitability, supported by premium formats. While the delay of the Michael biopic (originally planed for 3Q) deprived cinemas of a potential blockbuster boost, Kinepolis' management remains confident. Despite a challenging August and an uncertain 3Q outlook, a strong 4Q and FY26 pipeline offers hope for recovery. In the meantime, Kinepolis continues to innovate and expand. With hints of upcoming M&A, they clearly Wanna Be Startin' Somethin'. This ...

Onward Medical Receives CE Mark certification for ARC-EX in the EU

Onward announced it has received CE Mark certification for its ARC-EX System under the European Union Medical Device Regulation (MDR), enabling commercialisation in the European Union and certain other countries. We note the label includes home use as well as clinic use which is an important driver for broader commercial uptake. Onward plans to begin EU launch in the coming weeks, starting with Germany. From our conversations with management, we don't expect a significant delta on EU pricing vs. US, but do expect EU roll out to be more gradual as more experience is gained with the device over ...