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发表于 2015-2-28 21:48
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Stock soars after Cold-fX wins crucial approval; c7 u/ r% ^" M+ r3 C
4 B- [: z4 i0 V$ ~5 U. v5 MEDMONTON - 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.. [7 |9 a0 z( |3 k
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BY THE EDMONTON JOURNAL FEBRUARY 16, 2007/ S9 q$ f* e6 ]
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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. f; @6 I/ u4 V! Y* y0 Z
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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."% o* S, i8 J; ?; Y; v
9 t! V3 U+ t2 {4 @# l4 {! BThe APPROVAL follows a review of seven clinical trials and more than 10 years of research about the product.+ E0 Z8 J1 k) K* O
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It should create even more confidence among consumers and medical professionals that the product works, CEO Jacqueline Shan said Thursday.
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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.' {5 s# F0 k' p, n2 Q
% `# l1 v7 r% m1 G5 b) Z/ q"As a scientist, it's one of the highlights of my CAREER," Shan said., b+ Q2 T3 i. g
- E5 x' P7 f1 m, T0 e6 y"This approval is a breakthrough in realizing our vision of being a global leader in developing products for disease prevention.", B2 z7 _7 _+ ^% [8 ?' E
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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.. e4 t* b' s9 O5 q( W1 L) N9 y
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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.0 f ~9 C0 m/ Y' i1 _
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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.6 C0 a5 X I6 Q0 O( w+ Y; M2 `
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! p( `. @. v8 A5 n4 s: Ihttp://www.canada.com/story.html ... 9-be80-f40f1426f662 |
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