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发表于 2015-2-28 21:48
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Stock soars after Cold-fX wins crucial approval0 }+ i8 Q% x) r$ t0 S
; G" v" v& O& [8 dEDMONTON - 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* Q" v7 S0 H& w! o: }- K
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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.2 p# `) I' [. f$ _
* h& R" F) w" ]7 I9 K- GThe 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.", k! Y2 S9 d, a. K1 j8 W ]
+ d; V9 i d8 Y5 z" nThe APPROVAL follows a review of seven clinical trials and more than 10 years of research about the product.2 {; [4 ~8 z5 P2 a; X' \* l
8 n& X7 d6 H \It should create even more confidence among consumers and medical professionals that the product works, CEO Jacqueline Shan said Thursday. U' R6 |1 y7 D0 @2 N, u
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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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, A- d8 M& f8 L6 f0 H"As a scientist, it's one of the highlights of my CAREER," Shan said., Y/ F. S- X+ X! Z3 `
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"This approval is a breakthrough in realizing our vision of being a global leader in developing products for disease prevention."5 O& o, v" o3 N0 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.5 w& _- k: i, m8 }: F' z( A
: Q, W; o; v# h8 u& I' V" kGinseng-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.% w* o: e% i& f, `5 x( H
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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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6 Q9 h4 G# c) _; C& ?http://www.canada.com/story.html ... 9-be80-f40f1426f662 |
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