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发表于 2015-2-28 21:48
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Stock soars after Cold-fX wins crucial approval4 Y# W; a+ m8 V& u; B
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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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BY THE EDMONTON JOURNAL FEBRUARY 16, 2007
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& m' z& [2 ~/ c" M1 SEDMONTON - 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.0 @; g: D/ i+ u# {5 b6 L
% p; {6 T# k, v$ c9 U1 rThe 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."/ L5 v3 |# e/ i- `& E
8 S! h# ~& N( ?1 t& m, |& e( j, lThe APPROVAL follows a review of seven clinical trials and more than 10 years of research about the product.; S$ }# g& i! [# n* ~" X- s7 n
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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 $1.08 on a volume of 4.6 million.
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" o/ f8 J8 k2 n& ^# J2 ]"As a scientist, it's one of the highlights of my CAREER," Shan said.
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"This approval is a breakthrough in realizing our vision of being a global leader in developing products for disease prevention."7 j+ p! k. G) C9 X7 k" e+ K
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It's Cold-fX's strongest medical recognition to date, said Shan. It means the company can advertise the HEALTH BENEFITS more effectively to consumers and health professionals, she said.
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% L* K7 ~4 V* D: L! yGinseng-based Cold-fX is already the top-selling cold and flu treatment in Canada, but Shan said there is plenty of room for more growth.
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The approval will also help raise the product's PROFILE in the lucrative U.S. market, which Cold-fX entered in October. The move came with a new marketing push, using former Oilers superstar Mark Messier as its spokesman.' S- a, n4 \, Y! \7 Y3 t" f
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8 L0 b) y- E( E; l$ I6 \$ Uhttp://www.canada.com/story.html ... 9-be80-f40f1426f662 |
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