The pressure is on OncoGenex to develop a hit drug at this phase of its life.
Despite some short-term concerns, this biotech is setting the stage for long-term success.
The company will need to raise capital eventually; might as well take advantage of the recent spike in the stock price.
VIDEO ON MSN MONEY
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As the market wades through what many people hope is a sixth bull year, some have grown nervous about how long the run can go.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
As fears rise over costs and higher tuition, some law schools advertise their own plans to cover loan replacements.
In a tax case, a US judge ruled that the agency's published guidelines don't hold up in court.
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