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Avalon Ventures Gets Exit At Sitari Pharmaceuticals

San Diego-based biotech investor Avalon Ventures has scored an exit, saying late Tuesday evening that it has entered into a definitive agreement with GlaxoSmithKline (GSK), to sell Sitari Pharmaceuticals to GSK. Financial details of the deal were not announced. Sitari was developing treatments for celiac disease, and was being incubated at COI Pharmaceuticals. According to Avalon Ven

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