Salix Pharmaceuticals Ltd. (SLXP) is building on recent gains during Thursday's early trading, rising 53 cents to $11.20. This follows an advance Wednesday, when the stock traded to the upside until around mid-morning and rose further going into the close.

Salix Pharmaceuticals has come off an early yearly high, set immediately after the start of Thursday's session.

On Wednesday, the stock had climbed past resistance Wednesday and set a new high for the year.

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