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发表于 2015-2-28 21:48
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Stock soars after Cold-fX wins crucial approval L1 a5 D' S; K. F' g$ u8 A( ^
2 `- `9 f+ C! M+ W! C# VEDMONTON - 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.& q" \: o, a3 v8 t( C1 f: C5 r
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BY THE EDMONTON JOURNAL FEBRUARY 16, 20073 |* b' s- y! w m; L
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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.
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* E1 t. }- g6 }# B. U- ~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."( G+ {5 o ^9 b% H
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The APPROVAL follows a review of seven clinical trials and more than 10 years of research about the product.- \& U; C U$ z
% U% y, e. _! OIt should create even more confidence among consumers and medical professionals that the product works, CEO Jacqueline Shan said Thursday.# }% p; h( y( O" `/ w1 }) @# l
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It certainly instilled confidence in the market, as shares closed at $2.90 on THE TORONTO STOCK EXCHANGE, up $1.08 on a volume of 4.6 million./ A1 X9 I6 b* c/ [( L
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"As a scientist, it's one of the highlights of my CAREER," Shan said.
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' w9 k! p! F2 n9 A8 h9 F"This approval is a breakthrough in realizing our vision of being a global leader in developing products for disease prevention."
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6 J6 o; V5 K9 m0 O H' A+ D9 bIt's Cold-fX's strongest medical recognition to date, said Shan. It means the company can advertise the HEALTH BENEFITS more effectively to consumers and health professionals, she said.# u) i: t% y d0 ?
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Ginseng-based Cold-fX is already the top-selling cold and flu treatment in Canada, but Shan said there is plenty of room for more growth.
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The approval will also help raise the product's PROFILE in the lucrative U.S. market, which Cold-fX entered in October. The move came with a new marketing push, using former Oilers superstar Mark Messier as its spokesman.& h' M4 a. y2 d6 b9 R
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2 w$ U: v) K( Q0 r: x" Fhttp://www.canada.com/story.html ... 9-be80-f40f1426f662 |
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