Aradigm execs resign weeks after CRL

Aradigm Corp. (NASDAQ:ARDM) said President and CEO Igor Gonda, CMO Juergen Froehlich and CFO and VP of Finance Nancy Pecota resigned on Feb. 11, according to an SEC filing.

The company named Chairman John Siebert as executive chairman and interim principal executive officer. Aradigm said its board "approved temporary measures intended to preserve the Company’s cash resources until additional sources of capital can be identified." ...