The US Bankruptcy Court gave an order approving the sale of substantially all the assets of Aradigm Corporation on March 30, 2020. The debtor has been authorized to sell substantially all its assets to Grifols, S.A for a purchase price of $3.25 million. The debtor did not receive any other competing bids for the purchase of its assets and therefore Grifols, S.A. emerged as the winning bidder.