Aradigm Corporation (ARDM) Announces Fourth Quarter 2011 and Full Year Financial Results
3/27/2012 7:26:04 AM
HAYWARD, Calif.--(BUSINESS WIRE)--Aradigm Corporation (OTCBB:ARDM) (the “Company”) today announced financial results for the fourth quarter and full year ended December 31, 2011.
The Company recorded $183,000 in revenue in the fourth quarter of 2011 compared with $144,000 in revenue in the fourth quarter of 2010. Total operating expenses for the fourth quarter of 2011 were $1.3 million, compared with total operating expenses of $3.2 million for the fourth quarter of 2010.
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