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发表于 2015-2-28 21:48
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Stock soars after Cold-fX wins crucial approval. A# C0 s5 L/ T4 }1 d2 Y
3 J8 [5 ~- E0 V4 ]6 w3 A/ GEDMONTON - 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.( A5 q/ m8 p: H% T* O4 M6 L
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BY THE EDMONTON JOURNAL FEBRUARY 16, 2007
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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.4 Q2 Y' d' u! ]) E3 z9 b
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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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# ~: s6 ~4 ^. }$ x0 PThe APPROVAL follows a review of seven clinical trials and more than 10 years of research about the product.
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3 A) Q& \7 W3 J4 c7 s) y$ PIt should create even more confidence among consumers and medical professionals that the product works, CEO Jacqueline Shan said Thursday.
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% V2 O( \' ]/ g/ P, R0 k, \It certainly instilled confidence in the market, as shares closed at $2.90 on THE TORONTO STOCK EXCHANGE, up $1.08 on a volume of 4.6 million.
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"As a scientist, it's one of the highlights of my CAREER," Shan said.9 M5 L6 r+ w0 K
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"This approval is a breakthrough in realizing our vision of being a global leader in developing products for disease prevention."
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, A. O' ~% |6 R% h6 P( l. aIt's Cold-fX's strongest medical recognition to date, said Shan. It means the company can advertise the HEALTH BENEFITS more effectively to consumers and health professionals, she said.. M+ \5 h C/ F% E' {2 M9 S# `
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Ginseng-based Cold-fX is already the top-selling cold and flu treatment in Canada, but Shan said there is plenty of room for more growth.; b+ ~2 `0 N7 q. s
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The approval will also help raise the product's PROFILE in the lucrative U.S. market, which Cold-fX entered in October. The move came with a new marketing push, using former Oilers superstar Mark Messier as its spokesman.3 b4 ?& {- p" w0 }, S$ N
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http://www.canada.com/story.html ... 9-be80-f40f1426f662 |
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