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发表于 2015-2-28 21:48
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Stock soars after Cold-fX wins crucial approval0 o0 X# `. r5 ]& a0 L: C
. }& W0 E, @: F3 |+ JEDMONTON - 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." k1 K4 b/ h' O' }
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BY THE EDMONTON JOURNAL FEBRUARY 16, 2007+ f K% |0 f$ E8 i
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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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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."1 c4 W) T9 B4 r% t
1 h! _# q7 N' ?( uThe APPROVAL follows a review of seven clinical trials and more than 10 years of research about the product.' I: V; G$ E3 J
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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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! k7 S3 z8 |7 JIt certainly instilled confidence in the market, as shares closed at $2.90 on THE TORONTO STOCK EXCHANGE, up $1.08 on a volume of 4.6 million.
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"As a scientist, it's one of the highlights of my CAREER," Shan said.6 f/ h* } g9 @ Z" ~
& t9 T" M( L, q! ~"This approval is a breakthrough in realizing our vision of being a global leader in developing products for disease prevention."
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T; Q# x, V/ o: VIt's Cold-fX's strongest medical recognition to date, said Shan. It means the company can advertise the HEALTH BENEFITS more effectively to consumers and health professionals, she said.+ [8 k. W5 s; Y$ ?! D( z
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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.9 Y8 S7 x6 r" A: i" E
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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.2 N2 W$ _1 k6 M! \) c9 w1 V% k
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http://www.canada.com/story.html ... 9-be80-f40f1426f662 |
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