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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.* \( J& w- [1 g' i4 |
+ S+ ~, Z4 `) i7 P% q; KBY THE EDMONTON JOURNAL FEBRUARY 16, 2007! ]; Y1 o6 H% J8 n
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0 H1 W: y+ q( L8 N4 d! |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 V* W& |; L$ R
( b+ e, c7 j2 F' Y6 KThe 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.") y9 p8 u; Y2 D7 z
, Q9 L- T- ~; ~: I$ u8 ?' aThe APPROVAL follows a review of seven clinical trials and more than 10 years of research about the product.
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" Z$ I2 ?' ^# P. j7 A, q2 wIt should create even more confidence among consumers and medical professionals that the product works, CEO Jacqueline Shan said Thursday.: g1 \! _6 w9 Q
6 F0 T! V3 h w- [It certainly instilled confidence in the market, as shares closed at $2.90 on THE TORONTO STOCK EXCHANGE, up $1.08 on a volume of 4.6 million.% p) n" f* S1 e; O" I
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"As a scientist, it's one of the highlights of my CAREER," Shan said.; [* @$ o% q" b$ v7 X
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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.; t1 N B( C0 x8 f
7 P9 p1 ?4 [( i. n fGinseng-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.) W: z3 v& A8 m5 w8 Y/ s
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http://www.canada.com/story.html ... 9-be80-f40f1426f662 |
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