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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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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.! Z: J) D1 P. Q/ ~6 `
) V6 C Y( t8 `BY THE EDMONTON JOURNAL FEBRUARY 16, 2007# P& I6 {; L; M* \- F
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4 J9 m0 k+ W- a% @( J9 E" @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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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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The APPROVAL follows a review of seven clinical trials and more than 10 years of research about the product.7 H D5 m x4 J, b2 _
/ I* z. N6 w; T4 _2 r% CIt should create even more confidence among consumers and medical professionals that the product works, CEO Jacqueline Shan said Thursday.
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$ a% n, a! _+ A& i5 c aIt certainly instilled confidence in the market, as shares closed at $2.90 on THE TORONTO STOCK EXCHANGE, up $1.08 on a volume of 4.6 million.
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. C% K% W2 Z; M: ^! C& u2 G"As a scientist, it's one of the highlights of my CAREER," Shan said.$ B# [ Q6 R# L) e* t2 e I, B
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"This approval is a breakthrough in realizing our vision of being a global leader in developing products for disease prevention."
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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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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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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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http://www.canada.com/story.html ... 9-be80-f40f1426f662 |
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