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发表于 2015-2-28 21:48
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Stock soars after Cold-fX wins crucial approval3 S. h2 l8 p# C2 \9 ]0 ~$ t" X
0 l5 X4 Z3 `6 R. ]" j6 PEDMONTON - 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.! s7 Y6 I& T" y! e7 O' @
# I/ O( C6 B- {$ y/ t. m: oBY THE EDMONTON JOURNAL FEBRUARY 16, 2007
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6 o/ @, f, L# x5 R, r% Z& LEDMONTON - 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."
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9 u; A. F0 d- \4 Z- Q3 HThe APPROVAL follows a review of seven clinical trials and more than 10 years of research about the product.( u6 |4 c) ^% w l9 B
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It should create even more confidence among consumers and medical professionals that the product works, CEO Jacqueline Shan said Thursday.2 ^4 w5 C; b$ L9 H1 X' c
, x8 C7 z; j! C: RIt 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.: Z5 U0 v% n# l* {
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"As a scientist, it's one of the highlights of my CAREER," Shan said.& }* w* w2 _: K2 k0 L
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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.
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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.3 o6 a* H; j. u9 I& p# J( Z8 E5 L
$ s9 {) x; C' QThe 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.2 Z4 Z9 V. M }/ \
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http://www.canada.com/story.html ... 9-be80-f40f1426f662 |
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