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Thursday, June 21, 2018

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ARDM Aradigm Corporation gains 16% Jun 21, 2018

Aradigm Corporation, a specialty pharmaceutical company, focuses on the development and commercialization of drugs delivered by inhalation for the prevention and treatment of severe respiratory diseases. The company's lead development candidates are proprietary formulations of the potent antibiotic ciprofloxacin (Pulmaquin (ARD-3150) and Lipoquin (ARD-3100)) that are delivered by inhalation for the management of infections associated with severe respiratory diseases, such as non-cystic fibrosis bronchiectasis (BE) and cystic fibrosis (CF). It is conducting a Phase III clinical trials with Pulmaquin in BE; and Phase IIb trial with Lipoquin and Pulmaquin in BE. The company has also completed a Phase IIa trial with Lipoquin in CF and Phase IIa trial with Lipoquin in BE. Its proprietary program under development is ARD-1600 Inhaled Nicotine, a smoking cessation therapy. The company has collaboration agreements with Oregon State University and Grifols, S.A. Aradigm Corporation was founded in 1991 and is headquartered in Hayward, California.http://www.priceseries.com/trade/ARDM-Aradigm-Corporation-stock-gains-16-percent-a-Trade-Record-by-priceSeries-2018060120180621.html

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