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发表于 2015-2-28 21:48
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Stock soars after Cold-fX wins crucial approval. |: P% J9 u9 @5 V$ a( F
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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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$ h0 O5 U" E+ I; G& @, fBY THE EDMONTON JOURNAL FEBRUARY 16, 2007: R, q, f+ [" B6 ?
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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.3 W; p% } Q( [4 V4 `* ^$ h; r) i8 G( [+ \
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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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4 t9 P* o# I3 @' yThe APPROVAL follows a review of seven clinical trials and more than 10 years of research about the product.
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It should create even more confidence among consumers and medical professionals that the product works, CEO Jacqueline Shan said Thursday.$ t- }5 |4 Z" w5 D& @
/ Q! g" ]1 A9 t* H( j0 [6 HIt 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./ d1 P* J. w) {. ~/ F* e6 b
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"As a scientist, it's one of the highlights of my CAREER," Shan said., V" V( X7 i: \3 O- r
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"This approval is a breakthrough in realizing our vision of being a global leader in developing products for disease prevention."9 D3 g+ s! N: i% z5 I
( _# I) o: j5 A& `6 z/ uIt'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.6 T! z; o" w, T4 K" C/ K
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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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0 F4 r- T! v. 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.
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1 D4 ]& q( q- T" ^* }http://www.canada.com/story.html ... 9-be80-f40f1426f662 |
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