The MIT Faculty Founder Initiative has announced 12 finalists for the 2023-24 MIT-Royalty Pharma Prize Competition. The competition, which is supported by Royalty Pharma, aims to support female faculty entrepreneurs in biotechnology and provide them with resources to help take their ideas to commercialization. “We are building a playbook to get inventions out of the lab towards impacting patients by connecting female faculty to the innovation ecosystem and creating a community of peers,” says Sangeeta Bhatia, the John J. and Dorothy Wilson Professor of Health Sciences and Technology and of…