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发表于 2015-2-28 21:48
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Stock soars after Cold-fX wins crucial approval% F" K* \, J! N2 v+ o- z
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EDMONTON - 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.5 V$ T8 P% T/ s2 A6 V; W9 w
* ?5 M9 ~7 C- {& } Q. `; }- Q9 PBY THE EDMONTON JOURNAL FEBRUARY 16, 2007% y: E& {" t1 O; [) w" j7 o0 S0 j
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EDMONTON - 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.6 y, x5 {, m5 ^8 n* O
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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."9 w1 o1 `: } l; {" l1 e: m$ r
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The APPROVAL follows a review of seven clinical trials and more than 10 years of research about the product.- ^/ a. O8 J7 Y$ W. N
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It should create even more confidence among consumers and medical professionals that the product works, CEO Jacqueline Shan said Thursday.
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It 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.
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% s# e, _% z' [7 p"As a scientist, it's one of the highlights of my CAREER," Shan said.- y: N g3 E: i0 Y9 J! l. F4 j
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"This approval is a breakthrough in realizing our vision of being a global leader in developing products for disease prevention."
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It'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.* _+ ~0 [1 Y8 f/ i" X! R
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Ginseng-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.
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! u- k: B2 r3 E- B: {* IThe 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. V4 o! ~* |; L* R" Y5 U( P
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http://www.canada.com/story.html ... 9-be80-f40f1426f662 |
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