Morning Market Movers

Discovery Laboratories (NASDAQ: DSCO) rose 52.28% to $3.00 after the company announced the FDA approval of Surfaxin. Idera Pharmaceuticals (NASDAQ: IDRA) moved up 26.12% to $3.09. Idera shares have jumped 128.97% over the past 52 weeks, while the S&P 500 index has gained 14.90% in the same period. SED International Holdings (NYSE: SED) shares jumped 21.65% to $2.36. SED International's trailing-twelve-month revenue is $517.36 million. Oncolytics Biotech (NASDAQ: ONCY) jumped 13.33% to $3.23. Oncolytics Biotech had $38.89 million in total cash and no debt for the latest quarter.