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发表于 2015-2-28 21:48
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Stock soars after Cold-fX wins crucial approval
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/ G' k; I' g2 `. ~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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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 z2 l3 z! F* w! s( B' X% R
5 L* J5 m; V/ t! s4 ZThe 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."6 W1 W, z& r. {2 p5 E) L/ U7 H# R* Q
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The 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.& v6 \0 Y& g2 b( A' S J
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It certainly instilled confidence in the market, as shares closed at $2.90 on THE TORONTO STOCK EXCHANGE, up $1.08 on a volume of 4.6 million.
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0 G' i3 T8 F: O3 Q8 H- x( b1 R"As a scientist, it's one of the highlights of my CAREER," Shan said.
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"This approval is a breakthrough in realizing our vision of being a global leader in developing products for disease prevention."# Q6 V! ]) c X4 [! q: f
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It's Cold-fX's strongest medical recognition to date, said Shan. It means the company can advertise the HEALTH BENEFITS more effectively to consumers and health professionals, she said.' s$ E* G# |7 N7 n
5 ^9 z/ G; h! b/ s" V1 VGinseng-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.
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) o6 I" s" @9 I+ w# {% [. ?9 Ehttp://www.canada.com/story.html ... 9-be80-f40f1426f662 |
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