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发表于 2015-2-28 21:48
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Stock soars after Cold-fX wins crucial approval! m# ]$ G+ I9 _* q
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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.) w* | a8 B1 x/ l9 A+ h
& |- Y5 c% @; b: b, X' {/ `. ABY THE EDMONTON JOURNAL FEBRUARY 16, 2007
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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.7 L7 U' i4 B$ e& n6 y) u
( m& M- Y( C1 x; w" J5 MThe 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." g4 Z2 X8 T( ]
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The APPROVAL follows a review of seven clinical trials and more than 10 years of research about the product.2 c# k% T1 {9 ], `5 h! Z
' S6 G/ s# A" g# I0 G% fIt 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 $1.08 on a volume of 4.6 million.
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' g7 E( e& A4 ?' l6 x/ f"As a scientist, it's one of the highlights of my CAREER," Shan said.
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1 T4 Y1 Y, G5 S5 d4 j4 F& p& c9 l& X"This approval is a breakthrough in realizing our vision of being a global leader in developing products for disease prevention."; @* g+ p" I9 Y; i$ n) I) t
3 U, V4 D9 X1 r& iIt'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.- ~$ \ u# C8 h3 T% ^, Y( k
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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.1 s# |) A1 O& `: n
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7 P1 g2 @! Q+ u: \6 ^7 [http://www.canada.com/story.html ... 9-be80-f40f1426f662 |
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