Sanofi and Alexandria Real Estate Equities could exit the chronic disease therapeutics developer, which has set the range for an offering that could raise up to $170m.

Dice Molecules, the US-based oral therapeutic developer backed by pharmaceutical firm Sanofi and life sciences real estate investment trust Alexandria Real Estate Equities, set terms yesterday for an initial public offering that could raise $170m. The company plans to list 10 million shares on the Nasdaq Global Market and has set a price range of…

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