Sitari Pharmaceuticals - Ownership and Business Overview

Life ScienceCompany

Sitari Pharmaceuticals Ownership

Who owns Sitari Pharmaceuticals?

Sitari Pharmaceuticals is owned by GlaxoSmithKline. It was acquired on September 11, 2019.

Sitari Pharmaceuticals Business Overview

Where is Sitari Pharmaceuticals headquartered?

Sitari Pharmaceuticals is headquartered in San Diego, California.

What sector is Sitari Pharmaceuticals in?

Sitari Pharmaceuticals is a life science company.

Life Science M&A Summary in 2019

Out of 60 sectors in the Mergr database, life science ranked 9 in number of deals in 2019. The largest life science acquisition in 2019 was Celgene - which was acquired by Bristol-Myers Squibb for $74.0B.

Join Mergr to view all 245 acquisitions of life science companies in 2019, including 40 acquisitions by private equity firms, and 205 by strategics.

Sitari Pharmaceuticals

San Diego, California 92037
United States,

Sitari Pharmaceuticals was targeting the Transglutaminase 2 (TG2) pathway for the development of treatments for celiac disease. TG2 is thought to play a multi-factorial role in celiac disease. TG2 is the primary human protein that is attacked as part of an autoimmune response in patients with celiac disease. The enzyme is also responsible for catalyzing a reaction with dietary gluten peptides that drives the pathogenesis of the disease, according to company data. Sitari had been developing targeted inhibitors of TG2 with the potential to suppress the autoimmune response that results in intestinal inflammation and cell pathogenesis in celiac patients.


Company Summary

SECTOR

Life Science

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