Aradigm Corporation (the “Company,” “our company,” “we,” “our,” or “us”) are an emerging specialty pharmaceutical company focused on the development and commercialization of products for the treatment and prevention of severe respiratory diseases. Over the last decade, we invested a large amount of capital to develop drug delivery technologies, particularly the development of a significant amount of expertise in respiratory (pulmonary) drug delivery as incorporated in our lead product candidate that recently completed two Phase 3 clinical trials, Linhaliq inhaled ciprofloxacin, formerly known as Pulmaquin® . The key asset we have focused our efforts on in recent years is our inhaled ciprofloxacin formulations. We believe that our cash and cash equivalents of approximately $7.1 million as of December 31, 2017, will only be sufficient to fund our operations for the first quarter of 2018. We will not be able to maintain our current level of regulatory and product development activity and there is substantial doubt about our company’s ability to continue as a going concern unless we raise additional capital in early 2018. Accordingly, we need to raise additional capital through the issuance of debt or equity securities, royalty financing transactions, strategic transactions or otherwise to enable us to maintain our business operations and to continue development of our lead product candidate Linhaliq and other products, and if we are unable to do so we will need to dispose of our assets or technology or cease operations. The discussion of future prospects of our business below is based on the assumption that we are able to obtain the necessary capital to continue to operate our business as described below.
Company profile
Ticker
ARDMQ
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Medtronic • Varian Medical Systems • Conmed • Integer • Masimo • Natus Medical • LivaNova • BioPlus Acquisition • QT Imaging • Outset Medical ...
SEC CIK
Corporate docs
IRS number
943133088
ARDMQ stock data
Latest filings (excl ownership)
15-12B
Securities registration termination
29 Jun 20
S-8 POS
Registration of securities for employees (post-effective amendment)
29 Jun 20
S-8 POS
Registration of securities for employees (post-effective amendment)
29 Jun 20
S-8 POS
Registration of securities for employees (post-effective amendment)
29 Jun 20
S-8 POS
Registration of securities for employees (post-effective amendment)
29 Jun 20
S-8 POS
Registration of securities for employees (post-effective amendment)
29 Jun 20
S-8 POS
Registration of securities for employees (post-effective amendment)
29 Jun 20
S-8 POS
Registration of securities for employees (post-effective amendment)
29 Jun 20
S-8 POS
Registration of securities for employees (post-effective amendment)
29 Jun 20
S-8 POS
Registration of securities for employees (post-effective amendment)
29 Jun 20
Latest ownership filings
SC 13D
Aradigm Corp
5 Sep 19
3
Initial statement of insider ownership
5 Sep 19
4
Change in insider ownership
4 Sep 19
SC 13D/A
Aradigm Corp
4 Sep 19
4
Change in insider ownership
3 May 19
SC 13G/A
Aradigm Corp
14 Feb 19
4
Juergen Kurt Froehlich
5 Nov 18
4
Change in insider ownership
5 Nov 18
4
Juergen Kurt Froehlich
20 Sep 18
4
Theresa Matkovits
3 Jul 18
Institutional ownership, Q4 2019
13F holders | Current |
---|---|
Total holders | 1 |
Opened positions | 0 |
Closed positions | 1 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Proequities | 0.00 | $0.00 |