Latest news with #JimCollins
Business Wire
2 days ago
- Business
- Business Wire
Phare Bio and MIT Named to Fast Company 's 2025 World Changing Ideas List
CAMBRIDGE, Mass.--(BUSINESS WIRE)-- Fast Company has named Phare Bio, a biotech social venture, and MIT's Collins Lab, to its 2025 World Changing Ideas list for their breakthrough use of generative AI to design entirely novel antibiotics – a paradigm-shifting approach in the global fight against antimicrobial resistance (AMR). Phare Bio and the Collins Lab's generative AI platform marks a significant leap forward in drug discovery, enabling researchers to design antibiotics in silico with unprecedented precision and speed. By layering multiple drug parameters into the design process – such as reducing toxicity or improving oral bioavailability – the platform can produce tailored antibiotic candidates with real-world clinical relevance. This year's recognition follows a major milestone in September 2024, when Phare Bio and the Collins Lab received an up to $27 million grant from ARPA-H to enhance this generative AI design capability and build a pipeline of 15 novel antibiotics tailored to meet global public health needs. 'We believe generative AI is not just accelerating drug discovery – it's redefining what's possible,' said Dr. Akhila Kosaraju, CEO and President of Phare Bio. 'To be named to Fast Company's World Changing Ideas list is an incredible honor, and a reflection of what happens when breakthrough science, technology and a commitment to real-world impact converge.' Building off of the Collins Lab's first-ever discovery of a novel antibiotic using AI, Phare Bio's goal is simple and urgent: to design smarter antibiotics for the patients who need them most. 'This recognition is deeply meaningful for Phare Bio and our lab at MIT,' said Dr. Jim Collins, Co-founder of Phare Bio, Termeer Professor of Medical Engineering & Science and Professor of Biological Engineering at MIT. 'Over the past decade, our team has worked at the forefront of artificial intelligence and synthetic biology to chart a new era in antibiotic discovery. We're excited to see this work scale into a global movement to reinvigorate antibiotic innovation.' 'The World Changing Ideas Awards have always been about showcasing the art of the possible,' says Brendan Vaughan, editor-in-chief at Fast Company. 'We're proud to recognize the organizations and leaders that are making meaningful progress on the biggest issues of our time.' By combining deep learning, data-driven design, and open-access collaboration, Phare Bio and the Collins Lab are creating a new gold standard for how antibiotics are discovered and developed. About Phare Bio Phare Bio is a social venture using artificial intelligence (AI) to develop novel classes of antibiotics in partnership with Jim Collins' lab at MIT. Founded in 2020 to address the growing crisis of antibiotic resistance, Phare Bio is a recipient of the Audacious Project, a collaborative funding initiative between TED and leading nonprofits to support bold solutions to global challenges. The company combines cutting-edge machine learning with world-class science to accelerate the discovery of urgently needed antibiotics. To learn more, visit or email info@
Yahoo
19-05-2025
- Business
- Yahoo
Halliburton unveils EarthStar 3DX resistivity service
Halliburton has introduced EarthStar 3DX, a 3D horizontal look-ahead resistivity service, marking an advancement in drilling technology. This service allows operators to gain geological insights into horizontal wells up to 50ft ahead of the drill bit, enhancing decision-making and operational safety. The EarthStar 3DX service boasts the industry's nearest-to-bit, ultra-deep resistivity sensor, which facilitates the early detection of formations. This capability is a departure from traditional mapping technologies as it enables operators to foresee changes in the formation, optimise reservoir contact, maximise hydrocarbon recovery, and minimise unnecessary course corrections and premature exits from the wellbore, the company said. Halliburton Sperry Drilling vice-president Jim Collins said: 'EarthStar 3DX service is the latest example of Halliburton's leadership in reservoir mapping technology. True to our value proposition, we customise our subsurface and drilling solutions to maximise asset value for our customers. "By mapping geological variations before they are encountered, operators can adjust well trajectories to minimise risk, improve wellbore placement and increase reservoir contact.' In a separate development, Halliburton and its partner Rhino Resources delivered two exploration wells in Block 2914 within Petroleum Exploration Licence 85 offshore Namibia. Also, in February, Halliburton and Sekal deployed what they describe as the world's first automated on-bottom drilling system for Equinor in the North Sea. This system integrates Halliburton's LOGIX automation and remote operations with Sekal's Drilltronics solution and the rig's automation control system. The partnership is focused on optimising drilling parameters and enhancing the accuracy of well placement in real time. "Halliburton unveils EarthStar 3DX resistivity service" was originally created and published by Offshore Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19-05-2025
- Business
- Yahoo
Halliburton Launches EarthStar® 3DX Horizontal look-ahead Resistivity Service to Unlock Reservoir Potential
HOUSTON, May 19, 2025--(BUSINESS WIRE)--Halliburton (NYSE: HAL) launched EarthStar® 3DX, the industry's first 3D horizontal look-ahead resistivity service. The technology provides operators with geological insights into horizontal wells up to 50 ft before penetration by the bit. The capability to gather real-time data allows operators to identify hazards and make informed decisions. "EarthStar 3DX service is the latest example of Halliburton's leadership in reservoir mapping technology," said Jim Collins, vice president, Sperry Drilling, Halliburton. "True to our value proposition, we customize our subsurface and drilling solutions to maximize asset value for our customers. By mapping geological variations before they are encountered, operators can adjust well trajectories to minimize risk, improve wellbore placement, and increase reservoir contact." With the industry's closest-to-bit, ultra-deep resistivity sensor, the EarthStar 3DX look-ahead service enables earlier formation detection. Unlike conventional mapping technology, EarthStar 3DX service helps operators anticipate formation changes, optimize reservoir contact and hydrocarbon recovery, and reduce premature exits and unnecessary corrections. Early intervention mitigates wellbore instability challenges and facilitates safe and efficient operations for customers. Learn more about Halliburton logging while drilling, drilling technologies, and EarthStar 3DX service. About Halliburton Halliburton is one of the world's leading providers of products and services to the energy industry. Founded in 1919, we create innovative technologies, products, and services that help our customers maximize their value throughout the life cycle of an asset and advance a sustainable energy future. Visit us at connect with us on LinkedIn, YouTube, Instagram, and Facebook. View source version on Contacts For Investors:David Coleman investors@ 281-871-2688 For Media Relations:Alexandra Franceschipr@ 281-608-8839 Sign in to access your portfolio
Associated Press
19-05-2025
- Business
- Associated Press
Halliburton Launches EarthStar® 3DX Horizontal look-ahead Resistivity Service to Unlock Reservoir Potential
HOUSTON--(BUSINESS WIRE)--May 19, 2025-- Halliburton (NYSE: HAL) launched EarthStar ® 3DX, the industry's first 3D horizontal look-ahead resistivity service. The technology provides operators with geological insights into horizontal wells up to 50 ft before penetration by the bit. The capability to gather real-time data allows operators to identify hazards and make informed decisions. 'EarthStar 3DX service is the latest example of Halliburton's leadership in reservoir mapping technology,' said Jim Collins, vice president, Sperry Drilling, Halliburton. 'True to our value proposition, we customize our subsurface and drilling solutions to maximize asset value for our customers. By mapping geological variations before they are encountered, operators can adjust well trajectories to minimize risk, improve wellbore placement, and increase reservoir contact.' With the industry's closest-to-bit, ultra-deep resistivity sensor, the EarthStar 3DX look-ahead service enables earlier formation detection. Unlike conventional mapping technology, EarthStar 3DX service helps operators anticipate formation changes, optimize reservoir contact and hydrocarbon recovery, and reduce premature exits and unnecessary corrections. Early intervention mitigates wellbore instability challenges and facilitates safe and efficient operations for customers. Learn more about Halliburton logging while drilling, drilling technologies, and EarthStar 3DX service. About Halliburton Halliburton is one of the world's leading providers of products and services to the energy industry. Founded in 1919, we create innovative technologies, products, and services that help our customers maximize their value throughout the life cycle of an asset and advance a sustainable energy future. Visit us at connect with us on LinkedIn,YouTube,Instagram, and Facebook. View source version on CONTACT: For Investors: David Coleman [email protected] 281-871-2688For Media Relations: Alexandra Franceschi [email protected] 281-608-8839 KEYWORD: UNITED STATES NORTH AMERICA TEXAS INDUSTRY KEYWORD: OIL/GAS ENERGY SOURCE: Halliburton Copyright Business Wire 2025. PUB: 05/19/2025 12:00 AM/DISC: 05/19/2025 12:01 AM
Yahoo
19-05-2025
- Business
- Yahoo
Halliburton Launches EarthStar® 3DX Horizontal look-ahead Resistivity Service to Unlock Reservoir Potential
HOUSTON, May 19, 2025--(BUSINESS WIRE)--Halliburton (NYSE: HAL) launched EarthStar® 3DX, the industry's first 3D horizontal look-ahead resistivity service. The technology provides operators with geological insights into horizontal wells up to 50 ft before penetration by the bit. The capability to gather real-time data allows operators to identify hazards and make informed decisions. "EarthStar 3DX service is the latest example of Halliburton's leadership in reservoir mapping technology," said Jim Collins, vice president, Sperry Drilling, Halliburton. "True to our value proposition, we customize our subsurface and drilling solutions to maximize asset value for our customers. By mapping geological variations before they are encountered, operators can adjust well trajectories to minimize risk, improve wellbore placement, and increase reservoir contact." With the industry's closest-to-bit, ultra-deep resistivity sensor, the EarthStar 3DX look-ahead service enables earlier formation detection. Unlike conventional mapping technology, EarthStar 3DX service helps operators anticipate formation changes, optimize reservoir contact and hydrocarbon recovery, and reduce premature exits and unnecessary corrections. Early intervention mitigates wellbore instability challenges and facilitates safe and efficient operations for customers. Learn more about Halliburton logging while drilling, drilling technologies, and EarthStar 3DX service. About Halliburton Halliburton is one of the world's leading providers of products and services to the energy industry. Founded in 1919, we create innovative technologies, products, and services that help our customers maximize their value throughout the life cycle of an asset and advance a sustainable energy future. Visit us at connect with us on LinkedIn, YouTube, Instagram, and Facebook. View source version on Contacts For Investors:David Coleman investors@ 281-871-2688 For Media Relations:Alexandra Franceschipr@ 281-608-8839 Sign in to access your portfolio
