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发表于 2015-2-28 21:48
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Stock soars after Cold-fX wins crucial approval2 j4 Q S* ?: N7 M; p
3 r0 G+ K- y' V3 rEDMONTON - CV Technologies Inc. shares rose nearly 60 per cent Thursday after Health Canada approved the claims at the core of the company's marketing of its cold and flu drug Cold-fX.- l+ ^ k" k6 A$ W4 e
/ T; E7 e g |/ r" j3 {# MBY THE EDMONTON JOURNAL FEBRUARY 16, 2007
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! @. A. A$ e' i' `; r* AEDMONTON - CV Technologies Inc. SHARES rose nearly 60 per cent Thursday after Health Canada approved the claims at the core of the company's marketing of its cold and flu drug Cold-fX.
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The agency said CV Technologies can continue to market Cold-fX as helping "to reduce the frequency, severity and duration of cold and flu symptoms by boosting the IMMUNE SYSTEM."' Y/ ^* e1 f. i/ `2 ]6 X" L
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The APPROVAL follows a review of seven clinical trials and more than 10 years of research about the product., [( ?7 Z, B0 {. T% Q$ S
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It should create even more confidence among consumers and medical professionals that the product works, CEO Jacqueline Shan said Thursday., ?6 v( N6 D4 \7 W
9 R5 v$ Z! C, Y! @ FIt certainly instilled confidence in the market, as shares closed at $2.90 on THE TORONTO STOCK EXCHANGE, up $1.08 on a volume of 4.6 million. _) l8 h1 H! D9 u: E, |
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"As a scientist, it's one of the highlights of my CAREER," Shan said.; u1 T$ N! N |" A0 V) G
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"This approval is a breakthrough in realizing our vision of being a global leader in developing products for disease prevention."7 ]! R$ `9 ]1 V' W6 E
! T( v6 T% k# u, RIt's Cold-fX's strongest medical recognition to date, said Shan. It means the company can advertise the HEALTH BENEFITS more effectively to consumers and health professionals, she said.
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* ]( {% p. B3 HGinseng-based Cold-fX is already the top-selling cold and flu treatment in Canada, but Shan said there is plenty of room for more growth.0 ^+ r. |0 ^, C n: \) [6 G
& B/ F3 e( t7 K# q3 V" d8 DThe approval will also help raise the product's PROFILE in the lucrative U.S. market, which Cold-fX entered in October. The move came with a new marketing push, using former Oilers superstar Mark Messier as its spokesman." O' c" y* {; c5 `! v
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6 E, T6 d) a1 q, X, bhttp://www.canada.com/story.html ... 9-be80-f40f1426f662 |
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