case See the full leadership team at Craft. Whats happened in the last decade has really been the tipping point. They realized it was really ovarian cancer! Theres been a confluence of different technologies, different extraction methodologies, and different high-powered bioinformatic tools along with affordability of applying next-generation sequencing to routine testing that have really enabled us to get much more sensitive and specific in terms of seeing these trace fragments of either DNA or proteins that are contained within a tube of blood. In 1981, Eltoukhy moved to Silicon Valley in Northern California to participate in the explosive growth of the computer industry. The company was founded by Helmy Eltoukhy, AmirAli H. Talasaz, and Michael Joseph Wiley in 2012 and is headquartered in Palo Alto, CA. NEW YORK - A federal court has determined that Guardant Health CEO and Cofounder Helmy Eltoukhy deleted email evidence relevant to two patent infringement cases his firm has brought against competitors. Eltoukhy, Helmy, It was this personal healthcare odyssey that led me to realize that physicians desperately need much more informative tools to be able to ask and answer the right questions regarding their patients. That's the market capitalization of Guardant Health, which makes blood tests that can be used to detect mutations in cancer tumors. Helmy was named to Fortunes 40 under 40 in 2017 and the San Francisco Business Times 40 under 40 in 2019, and was one of Time Magazines 50 Most Influential People in Healthcare in 2018. This is something that I, as well as many others here at Guardant Health, really take to heart. We went from a $300,000 or $400,000 genome when a joined to a $1,000 genome when I left. Equality. DocketDeclaration Under UCCJEA. This dedication to patients also guides how we think of social responsibility more broadly as a company, and for example, helped lead us to our next-generation sequencing based COVID-19 test which we developed to help during the pandemic, given our expertise, and we are now offering the test to select schools and underserved communities. AmirAli Talasaz, President of Guardant Health, addresses employees. I knew fairly early in my career that I wanted to dedicate my lifes work to pursuits that held high positive social impact. 2023 Fortune Media IP Limited. Superior Courts Your career? producing thin-film storage disks, a pallet-loading system. The Barry Lane property consists of a three-story main home and a separate guest house overlooking a pool. The company acquired the 1.2-acre property for more than $2,600 a square foot from an affiliate of Casimir Holdings, a Miami-based investment firm that purchased it for $32 million in September 2021, public records show. One of the core values at Guardant Health that weve prioritized from day one is putting the patient first. As of 14 March 2023 he still owns at least 2,049,238 units of Guardant Health Inc stock. degrees in electrical engineering from Stanford University. Black U.K. Women Nearly Four Times More Likely To Die From Childbirth, 13-Year-Old Ohio Boy Dies After Trying The TikTok Benadryl Challenge, Contrary To Conventional Wisdom, Some Virusoids Do Produce Proteins. The estimated net worth of Helmy Eltoukhy is at least $51.23 million as of March 15th, 2023. Learn More on Helmy Eltoukhy's trading history. Terms & Conditions. Service Date: 02/1/2022, Clerk's Notice of Hearing. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. The company was acquired by Illumina in 2008 and over the next few years Illumina made great strides in achieving an important milestone of reducing the cost of sequencing a human genome down to $1,000. Dr. Eltoukhy owns 2,049,238 shares of Guardant Health stock worth more than $51,230,950 as of April 17th. Helmy Eltoukhy is 41, he's been the Chief Executive Officer and Director of Guardant Health Inc since 2013. Interlayer Diffusion in InSb/GaSb Superlattice Structure Grown by Multitarget RF Sputtering, Surface Properties of Magnetic Rigid Disks for HighDensity Data Storage. Helmy Eltoukhy adds, "I also wish Derek Bertocci the very best as he takes on this next chapter of his life. This requires conducting the necessary clinical trials, amassing evidence, regulatory approvals, reimbursement, coverage, and so on. For full print and download access, please subscribe at https://www.trellis.law/. 2020-09-29, Santa Clara County Superior Courts | Family | While I was working at Illumina, I actually had an undiagnosed health issue that exposed me to the lack of tools that exist in the healthcare sector. Before we dig in, our readers would like to get to know you a bit. In-depth Interviews with Authorities in Business, Pop Culture, Wellness, Social Impact, and Tech. Courtesy of Seidenberg . Transaction Summary of Helmy Eltoukhy As the CEO of Guardant Health, Inc., Dr. Eltoukhy earned a total compensation package of $13,665.00 in 2021. As a doctoral student and postdoctoral fellow at the Stanford Genome Technology Center, I worked on low-cost DNA sequencing technologies that led to my co-founding of Avantome. Skeptics worry that none of them will be able to work without accidentally diagnosing healthy people with cancers that do not need to be treated. The two researchers met as graduate students at Stanford in 2002 and then worked together at. During his doctoral studies and at the Stanford Genome Technology Center, he developed the first semiconductor sequencing platform and first base-calling algorithm for next-generation sequencing under several National Human Genome Research Institute grants. Eltoukhy says revealing the study was one of his best days at Guardant. 241 Jobs. Helmy Eltoukhy is an American scientist and entrepreneur, best known for his contributions to genomics, semiconductor DNA sequencing, and personalized medicine. Helmy Eltoukhy is an American scientist and entrepreneur, best known for his contributions to genomics, semiconductor DNA sequencing, and personalized medicine. As CEO of the company, he helped raise more than $2.5 billion in funding for the company and took it public in October 2018. against He previously co-founded Avantome, the first . Were starting with early-stage colorectal cancer (CRC), the second leading cause of death in the U.S. and a disease where an estimated 1030% of early-stage patients recur within five years. For Talasaz, the potential of the technology comes back to patients. You really need to get the necessary clinical evidence to prove to oncologists that this improves upon the current standard of care or serves an unmet medical need. Likewise, the Eltoukhy Family Foundation funded endowed fellowships for the benefit of Egyptian/Middle Eastern students at the International House at UC Berkeley.[32]. I had lost my dearest friends and family to cancer, Talasaz says. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. What's Helmy Eltoukhy's mailing address? ; Additional Info: Comment Final Declaration of Disclosure and Income & Expense Declaration filed. PALO ALTO, Calif., (BUSINESS WIRE) -- Guardant Health, Inc. (Nasdaq: GH), a leading precision oncology company, announced today that it will present data. Benedict Evans. DocketCourt Trial - Short Cause. We have known this from the start and weve approached all of our products systematically with these barriers in mind. This page was last edited on 17 July 2020, at 10:42. Helmy Eltoukhy, co-founder of $4 billion cancer test maker Guardant Health, is involved in a recent $30 million acquisition of an Atherton estate, a single-family sale that ranks among this. But it's step by step to get there., This is a BETA experience. He published a number of scientific papers on semiconductor materials as well as on magnetic thin film alloys and deposition technology, including: He has also authored a large number of patents, including: Upon selling his first company, Trimedia to Xidex in a stock transaction, Eltoukhy started to study stock market volatility utilizing his background in math and statistics, thereby developing quantitative trading algorithms for equities and derivatives in 1986. Compositionally Modulated Sputtered InSb/GaSb Superlattices: Crystal Growth and Interlayer Diffusion. BY Lucy Brewster. ; Additional Info: Comment FOR MEDIATION FOLLOWED BY ARBITRATION, Mandatory Settlement Conference. How do I contact Helmy Eltoukhy? Guardant raised $360 million in May, and aims to sequence more than 1 million cancer patients' DNA within five years. As the Chief Executive Officer and Director of Guardant Health Inc, the total compensation of Helmy Eltoukhy at Guardant Health Inc is $914,906. Scientists aren't far away from creating blood tests that can be used to detect the earliest stages of cancer, Guardant Health CEO Helmy Eltoukhy says. ; Additional Info: Action Petition - Dissolution with Minor Child File Date 09/18/2020. The test came back with genomic mutations that were not consistent with pancreatic cancer, so her physician ran a few more tests. This idea is what went on to become Guardant Health and our liquid biopsy tests which aim to transform the management of cancer care across all stages of the disease. What do you need to lead this idea to widespread adoption? You may opt-out by. Guardant Health Location 3100 Hanover St, Palo Alto, California, 94304, United States Description Read More Industry Southern Branch Hall of Justice and Records. San Mateo County A tenth of this DNA in a pregnant womans blood comes from her infant, Eltoukhy says. DocketNotice of Reassignment for All Purposes. Helmy's mailing address filed with the SEC is 505, Penobscot Drive, Redwood City, San Mateo County, California, 94063, United States. During the last year, insiders at the sold shares 3 times. Helmy is an entrepreneur and pioneer in the biotech industry . Helmy Eltoukhy - Co-Chief Executive Officer, Guardant Health, Inc As of March 16, 2023 What is Helmy Eltoukhy's Net Worth? sputter induced micro-texturing enhancement for magnetic head structures. There are 14 older and 1 younger executives at Guardant Health Inc. That could help 15 million people who have survived cancerand generate $15 billion in annual revenue. The deal is the fourth-priciest in Athertons single-family residential market this year, according to Zillow data. In 2007, he co-founded Avantome to commercialize semiconductor sequencing to help speed up the democratization of high throughput DNA sequencing until its acquisition by Illumina in August 2008. [28], The Eltoukhy family's philanthropic initiatives are focused on education in the U.S. and Egypt and are funded and managed by the Eltoukhy Family Foundation[29]. MOUNTAIN VIEW, CALIFORNIA - NOVEMBER 03: Helmy Eltoukhy and Carson Eltoukhy attend the 2020 Breakthrough Prize Ceremony at NASA Ames Research Center on November 03, 2019 in Mountain View, California. Its a simple blood draw that is minimally invasive, especially when compared to other existing screening modalities, and can provide potentially life-changing genomic information that was not available to the oncologist prior to the testing. ; Additional Info: Judicial Officer Cho Sharon K. Hearing Time 9:00 AM Cancel Reason Vacated Comment 2/27/23-3/10/23 5 DAY ESTIMATE. This net worth approximation does not reflect any other investments that Dr. Eltoukhy may own. At Illumina, Helmy was Senior Director of Advanced Technology Research, where he developed novel chemistries, hardware and informatics for genetic analysis systems. /s/ Michael Wiley, as Attorney-in-Fact for Helmy Eltoukhy: 04/01/2020 ** Signature of Reporting Person: Date: Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. As we exit the worst of the COVID-19 pandemic, the health care community must consider how to apply lessons learned over the past year to improve quality of care and patient outcomes across the health care spectrum. Guardants first product, Guardant360, looked at mutations in 54 genes. Biden's disturbing new government program may be worse than Obama's. There are 700,000 in the U.S. Bank of America estimates that market could be worth $6 billion, including $2 billion paid by drug companies to administer the tests in clinical trials to try and learn more about the medicines they are testing. Helmy Eltoukhy and AmirAli Talasaz Simplifying Early Cancer Detection Under Eltoukhy and Talasaz, Guardant Health created a cancer blood test that matches patients to the right drug treatments.. Once you do that, you need to make sure payers will cover the test. Its solutions include treatment selection, recurrence detection, and early detection. Most recently, on Wednesday, March 15th, Helmy Eltoukhy bought 8,600 shares of Guardant Health stock. Guardant's founders Eltoukhy and Talasaz want to remake cancer screening with their "liquid biopsy" technology, which can sniff out DNA fragments in the blood that indicate cancer-related. Can you please share with us the most interesting story that happened to you since you began your career? Learn More about insider trades at Guardant Health. This story highlights that sometimes just a little bit of additional information is all thats needed to make a life-changing difference in the trajectory of a patients journey. The blood is full of pieces of DNA shed by cells. He received his Ph.D., M.S. Until fairly recently, until we came to launch Guardant360, off-the-shelf DNA sequencing technologies were not only unaffordable but not sensitive enough to see these trace fragments of DNA in a tube of blood. Teacher Shot by 6-Year-Old Student Files $40 Million Lawsuit. Under Eltoukhys direction as CEO, Guardant Health raised over one billion dollars in financing, launched three products, established collaborations with oncology researchers, and gained recognition as a healthcare innovator in. Use tab to navigate through the menu items. You have the added complexities of proving the clinical utility of your test to improve healthcare outcomes. PURCHASE A LICENSE. I shared the belief of many that applying ultra-high-scale DNA sequencing to the clinical markets could fundamentally and positively change the trajectory of many other patients healthcare odysseys. Helmy Eltoukhy is CEO of leading precision oncology company Guardant Health, which he cofounded with AmirAli Talasaz over 8 years ago. Last year our Guardant360 CDx test became the first FDA-approved comprehensive liquid biopsy for any advanced solid cancer, helping to overcome remaining skepticism about the technology and help set the stage for earlier cancer detection. Richard Wall Lyman, former provost of Stanford University. Helmy Eltoukhy, PhD, is a biotech pioneer with deep expertise in next-generation DNA sequencing technologies and genetic analysis systems. Guardant Health is part of the Medical Specialists industry, and located in California, United States. The list of its authors can be seen in its historicaland/or the page Edithistory:Atef Eltoukhy. Eltoukhy's graduate education included a Master of Science degree in Metallurgical Engineering from the Cairo University School of Engineering as well as graduate studies at the American University in Cairo from 1973 to 1975 and a PhD from the University of Illinois, Urbana-Champaign in 1978. Sell-side analysts at Cowen, Leerink Partners, J.P. Morgan and William Blair all say to buy the stock, referencing a $40 billion total market its blood tests could address. Now our Guardant360 CDx is the first FDA-approved comprehensive liquid biopsy for any solid tumor cancer, so in many ways that represents another tipping point in helping to increase adoption of this technology. ; Additional Info: Comment Uniform Child Custody Jurisdiction & Enforcement Act. Post a comment / Mar 21, 2022 at 1:43 PM. I decided to dedicate my life to this disease and see if I could contribute anything.. The six-bed, seven-bath estate at 72 Barry Lane was completed in 2015 by homebuilder Pacific Peninsula Group, which sold one of its other Atherton projects last month for $24 million. You are at risk for having your bank account frozen. Guardant Health Management Team 10 Team Members. In 1980, he was appointed assistant professor of Materials Science and Electrical Engineering at the University of Southern California in Los Angeles, CA, where he continued his research on semiconductor superlattice structures using molecular beam epitaxy. To address these needs and in collaboration with the Stanford Genome Technology Center and the Stanford Nanofabrication Group, we are designing and building a portable, CMOS-based lab-on-chip that is suitable for a variety of applications, such as for, DNA sequencing, gene expression analysis and pathogen detection. More specifically, it states that Eltoukhy appropriated About half of San Mateo Countys 27 submarkets, including Atherton, saw single-family sales volume drop from September to October, according to MLSListings data. Maximum number of positions allowed between matching words, https://support.trellis.law/boolean-operators, Memorandum of Points and Authorities in Support. The estimated net worth of Helmy Eltoukhy is at least $48 Million dollars as of 2023-04-09. Learn More on Guardant Health's active insiders. We adopted a beachhead strategy starting where the greatest unmet medical need exists, so weve focused first on advanced cancer where this need exists, and where the DNA thats shed from a tumor into blood is easier to detect. Guardant's founders Eltoukhy and Talasaz want to remake cancer screening with their "liquid biopsy" technology, which can sniff out DNA fragments in the blood that indicate cancer-related biological markers. But it was still a little bit frustrating, when I looked at our own personal journey, that we lacked tools to both ask and answer the right questions for physicians. Finally, one place to get all the court documents we need. Over the last few years, we have made tremendous progress with payer coverage and have 200 million Americans covered for Guardant360, but there are is still more work to do until every individual is covered for the test. [There was] a lot of great progress on the research side, but not a lot of it was moving the needle on the clinical side., Talasaz had studied electrical engineering in Tehran. We are checking for the latest updates in this case. In addition, Meghan Joyce, COO, and EVP of Platform at Oscar Health will join the Board as an Independent Director. This meant she was now a candidate for a common ovarian cancer chemotherapy. For diagnostics, including a blood test that detects cancer early, the reality is you need all of these things to show the necessary healthcare benefit and achieve widespread adoption. I cover science and medicine, and believe this is biology's century. Eltoukhy didnt respond to requests for comment. 58% of the management team is White. During his doctoral studies and at the SGTC, he developed the first semiconductor sequencing platform and first base-calling algorithm for next-generation sequencing under several NIH National Human Genome Research Institute grants. On September 18, 2020, Eltoukhy, Carson filed a Divorce,Separation - (Family) case against Eltoukhy, Helmy in the jurisdiction of San Mateo County, CA. Why is this public record being published online? Passionate about bringing emerging technologies to the market. What Is Gain Of Function Research, And Why Should It Be Banned? Helmy Eltoukhy is an American scientist and entrepreneur, best known for his contributions to genomics, semiconductor DNA sequencing, and personalized medicine. Guardant Health Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. It was a much tougher problem. Cases involving marriage dissolutions or divorces, Court Trial - Short Cause. Learn More on Helmy Eltoukhy's salary. BREAKING: Tiny biotech successfully treats blindness. The corporate mailing address for Dr. Eltoukhy and other Guardant Health executives is 505 PENOBSCOT DR., REDWOOD CITY CA, 94063. In 2006 Helmy Eltoukhy earned a PhD in electrical engineering from Stanford, authoring his doctoral thesis, called "An integrated system for de novo DNA sequencing." There are barriers to traditional standard-of-care testing and screening modalities that a simple blood test, which is easier, faster, and less invasive, can help overcome. Helmy is passionate about healthcare and impact, and serves on the Cancer Leadership Council of UCSF Cancer Center. As a part of my series about Big Ideas That Might Change The World In The Next Few Years I had the pleasure of interviewing Helmy Eltoukhy. Additionally, Helmy Eltoukhy has had 1 past job as the Founder at Avantome. (Photo by Taylor Hill/Getty Images) Embed. Technology is Exponential, Humans are not. He then spent three years in research director roles at Illumina. He joined the Stanford Genome Technology Center, or SGTC, as a post-doctoral fellow in 2006 to work on low-cost DNA sequencing technologies. In 2012 he co-founded Guardant Health with the intent of leveraging advanced biochemistry, next-gen sequencing and AI to advance cancer detection and treatment. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. What Guardant plans is a methodical move from the sickest patients to those who do not yet have cancer. - USA, CA - Guardant Health, Inc. (Nasdaq: GH), a leading precision oncology company, today announced Helmy Eltoukhy, CEO, and AmirAli Talasaz, President, now serving as co-CEOs and on the Board of Directors with Helmy Eltoukhy as Chairman. Prenatal testing was DNA sequencings first big market. The most recent stock trade was executed by John G. Saia on 15 April 2023, trading 7,568 units of GH stock currently worth $189,200. Prior to founding Guardant, Dr. Eltoukhy held various positions at Illumina, Inc., or Illumina, from August 2008 to December 2012, including Senior Director of Advanced Technology Research, where he developed novel chemistries, hardware and informatics for genetic analysis systems. He discovered that low cost CMOSimage sensorscoupled to light-emitting DNA sequencing reactions could form the basis for building a less expensive, portable DNA sequencer. Eltoukhy's career as a scientist/high tech entrepreneur culminated in the successful initial public offering of Stormedia in 1995.[11]. The buyer is listed as an LLC linked to Ma Liqian, wife of Singapore billionaire Forrest Li, according to Forbes. The co-founder of startups Avantome and Guardant Health, Eltoukhy was named to Time (magazine) 's inaugural 50 Most Influential People in Healthcare (2018) and Fortune's 40 under 40 (2017). A simple blood test can help improve these rates. Bits of cancer DNA can be found in a . Guardant Health can also be reached via phone at (855) 698-8887 and via email at investors@guardanthealth.com. [8], In 2015, Dr. Eltoukhy was awarded the Distinguished Merit Alumni Award by the Materials Science and Engineering Alumni Association at the University of Illinois. In fact, we begin and end every all-company meeting with a reminder of this value along with a new patient story. What if a simple blood test could detect cancer across all stages of the disease, even earliest when it can be treated most effectively? After receiving his PhD, MS and BS degrees in electrical engineering from Stanford University, he joined the Stanford Genome Technology Center (SGTC) as a postdoctoral fellow in 2006 to work on low-cost DNA sequencing technologies. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices Acquired by Illumina in 2008, Avantome was founded to develop and commercialize semiconductor-based DNA sequencing, during the race for the $1,000 genome. Unlike innovation in broad technology, in healthcare, you have the added barriers of clinical evidence, regulatory approval, reimbursement, etc. Learning to hire, manage, lead, write, present more effectively are all necessary growth curves that young founders must dedicate time towards. She was administered the therapy and had a fantastic response with her disease going into remission. Discover the immediate steps you need to take now. For example, even though colonoscopy, the standard screening modality for colon cancer, is effective, it is invasive, costly, and complicated so screening rates, while having improved, still remain low overall. Its my pleasure, thanks for having me. One of his high points at Guardant was when, in the early days of using the test, a patients blood test was positive for a mutation that meant a targeted drug would work. Take a look at biotech, too, Ronaghi said, and he eventually introduced Talasaz to Ronald Davis, the head of Stanfords Genome Technology Center. The corporate mailing address for Dr. Eltoukhy and other Guardant Health executives is 505 PENOBSCOT DR., REDWOOD CITY CA, 94063. so these systems make it harder to have Black Mirror scenarios, though dont get me wrong they can happen in healthcare too. Growth of SingleCrystal Metastable Semiconducting (GaSb)1xGex Films. Other executives include Ian Clark, Lead Independent Director; AmirAli Talasaz, Co-Chief Executive Officer and 17 others. This landmark study is one of the largest of its kind, enrolling 10,000 American men and women aged 4584 for early colorectal cancer detection, and will be an important milestone in bringing to market a blood test that can detect early signs of cancer in asymptomatic people. The most active insiders traders include Bluebird (Cayman) Ltd Softb, Bluebird (Cayman) Ltd Svf E, and Helmy Eltoukhy. I believe this is why I was drawn to the application of electrical engineering tools to elucidate biology and potentially improve human health. [7], Motivated by the entrepreneurial spirit, Eltoukhy left IBM in 1983 and co-founded Trimedia Corp., in Fremont, CA, which designed, produced and marketed thin film magnetic hard disks for digital storage technology. Diffusion Enhancement Due to LowEnergy Ion Bombardment During Sputter Etching and Deposition. Dr. Eltoukhy earned a salary of $1.00, and other compensation of $13,664.00. On average, Helmy trades about 161,569 units every 53 days since 2018. at 55) And the Complaint asserts that when Eltoukhy left his employment at Illumina, he took various Illumina documents with him. Dr. Eltoukhy earned a salary of $1.00, and other compensation of $13,664.00. Cancer remains a leading killer globally. Enter your email address below to get our daily insider buying and selling report. Helmy Eltoukhy is CEO of leading precision oncology company Guardant Health, which he cofounded with AmirAli Talasaz over 8 years ago. The Foundation was established in 2009 by Matthew Logelin, who lost his wife Elizabeth in 2008. . In cancer patients, Guardant has found, the median amount of DNA that comes from tumors is just 0.4%. Our reports have gotten simpler and simpler over the years by narrowing their scope to what truly matters for patient care. Helmy Eltoukhy, Ph.D. is the co-founder of Guardant Health and has served as the companys Chief Executive Officer since January 2013. Guardant raised $ 360 million in may, and Tech common ovarian cancer chemotherapy in Northern California to in! 'S century email address below to get to know you a bit all of products! Cover science and medicine, and personalized medicine Medical Specialists industry, and aims to sequence more $. 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