Its solutions include treatment selection, recurrence detection, and early detection. Helmy Eltoukhy has been working as a Chairman & Co-Chief Executive Officer at Guardant Health for 10 years. 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. [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. Helmy Eltoukhy - Guardant Health Co-Founder and CEO A San Francisco, California-based entrepreneur and scientist, Helmy Eltoukhy earned a bachelor of science in electrical engineering in less than three years at Stanford University, then went on to earn a master's degree in the same subject. methods for texturing a magnetic disc substrate. 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. Helmy Eltoukhy is CEO of leading precision oncology company Guardant Health, which he cofounded with AmirAli Talasaz over 8 years ago. Mr. Eltoukhy owns over 93,052 units of Guardant Health Inc stock worth over $50,206,331 and over the last 5 years he sold GH stock worth over $424,897,952. Mon, Jun 3 20192:58 PM EDT Meg Tirrell Top Videos VIDEO. Cancer being a disease of the genome was certainly an area where DNA sequencing could make an enormous impact, if cancer could be found early enough and tracked in real-time. Helmy Eltoukhy is the Co-founder & CEO at Guardant Health. You can follow me on Twitter at @Helmy_L2K and you can follow Guardant Health on LinkedIn and Twitter at @GuardantHealth. 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. The study showed that in 750 patients for whom mutations known to predict whether anti-cancer drugs were effective and a tumor biopsy was available, the blood test and biopsy matched more than nine times out of ten. Helmy Eltoukhy is an American scientist and entrepreneur, best known for his contributions to genomics, semiconductor DNA sequencing, and personalized medicine. Can you please tell us a story about what brought you to this specific career path? Interlayer Diffusion in InSb/GaSb Superlattice Structure Grown by Multitarget RF Sputtering, Surface Properties of Magnetic Rigid Disks for HighDensity Data Storage. That's the market capitalization of Guardant Health, which makes blood tests that can be used to detect mutations in cancer tumors. Helmy A. Eltoukhy Ph.D. serves as Chief Executive Officer, Director of the Company. Linda Darling-Hammond, education advisor to Barack Obama's presidential campaign. He previously co-founded Avantome, the first . The U.S. Preventive Services Task Force recommends all adults over 50 get screened for colon cancer, but currently only 69% of adults comply with these guidelines. Its grounds and living areas offer amenities typical of a $30 million abode, including a lighted pickleball court, a spa, a sauna and a home theater, according to a website marketing it for sale. This company has already shown success in human trials And Our research shows that anyone who gets in today could see a 46,751% return. Now in 2021, we are bringing our vision to fruition with earlier stage cancer. 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. You can see the complete history of Mr. Eltoukhy stock trades at the bottom of the page. This meant she was now a candidate for a common ovarian cancer chemotherapy. A San Francisco, California-based entrepreneur and scientist, Helmy Eltoukhy earned a bachelor of science in electrical engineering in less than three years at Stanford University, then went on to earn a master's degree in the same subject. Likewise, the Eltoukhy Family Foundation funded endowed fellowships for the benefit of Egyptian/Middle Eastern students at the International House at UC Berkeley.[32]. Guardant Health can also be reached via phone at (855) 698-8887 and via email at investors@guardanthealth.com. More than 99% of his 2020 pay package is made up of equity awards that depend on Guardant's stock . Couldnt a similar technology detect cancer, they wondered? Grail, spun out of Illumina, has announced promising results for its test, which is being testing in a 100,000-patient study. The most active insiders traders include Bluebird (Cayman) Ltd Softb, Bluebird (Cayman) Ltd Svf E, and Helmy Eltoukhy. Chart Data in Insider Trading History Table. In-depth Interviews with Authorities in Business, Pop Culture, Wellness, Social Impact, and Tech. With support from his co-founder, Helmy Eltoukhy created minimally invasive, cost-effective blood tests to monitor low levels of circulating tumor DNA fragments in the bloodstream of individuals with cancer. As Fentanyl Deaths In Youth Rise, Will Digital Health Solutions Find Quicker Adaptation? It indicates a way to close an interaction, or dismiss a notification. 03/21/23; Press Release; I think with innovation, its vitally important to have confidence, that audaciousness, that optimism and can-do spirit, but I think a challenge arises when this is not combined with intellectual humility particularly when it comes to science and healthcare. Court documents are not available online for Family cases in California. Right now, Guardant says, its tests can detect cancer DNA at levels as low as 0.02% of the total amount of DNA in a patients blood. His career there led to his co-founding several start-up companies related to disk storage, including Trimedia Corp., which he sold to Xidex Corp. in February 1986. The co-founder of startups Avantome and Guardant Health, Eltoukhy was named to Time Magazines inaugural 50 Most Influential People in Healthcare (2018) and Fortunes 40 under 40 (2017). 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. 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. Guardants first product, Guardant360, looked at mutations in 54 genes. How can our readers follow you on social media? A tenth of this DNA in a pregnant womans blood comes from her infant, Eltoukhy says. Helmy Eltoukhy is the Co-CEO of Guardant Health Inc and owns about 2,049,238 shares of Guardant Health Inc (GH) stock worth over $48 Million . They purchased a total of 48,600 shares worth more than $1,251,290.00. 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 years priciest in the Bay Areas most expensive zip code. One success mindset that I think is important is intellectual humility. DocketNotice of Reassignment for All Purposes. Helmy Eltoukhy received a doctorate, a graduate degree and an undergraduate degree from Stanford University. The Barry Lane property consists of a three-story main home and a separate guest house overlooking a pool. Its second was helping cancer patients, not through a blood test but by sequencing the genetic material from tumor biopsies in order to pick medicines for patients whose disease had spread and resisted standard treatmentsa market pioneered by Foundation Medicine, which is now part of Roche. For Talasaz, the potential of the technology comes back to patients. For four years, he worked as an executive in the companys research labs. He received his Ph.D., M.S. Your career? Guardant Health, Inc. is a precision oncology company engaged in the treatment of cancer through the use of proprietary blood-based tests, vast data sets, and advanced analytics. Before Atef Eltoukhy worked as a scientist at IBM's San Jose research center, before he co-founded a string of tech companies and before he took some of them public, his first Silicon Valley job. This case was filed in San Mateo County Superior Courts, Southern Branch Hall of Justice and Records located in San Mateo, California. All allegations herein are made on information and belief except where otherwise indicated. By continuing to use this website, you agree to UniCourts General Disclaimer, Terms of Service, Guardant raised $360 million in May, and aims to sequence more than 1 million cancer patients' DNA within five years. ; Additional Info: Judicial Officer Padilla Jr., Rosendo Hearing Time 2:00 PM Cancel Reason Vacated, DocketDeclaration Regarding Service of. Related Topics: News, Cancer Care, Oncology, Science, Healthcare Comment Show comments Helmy Eltoukhy and the Guardant Health leadership team are scored a D by 44 employees placing it in the Bottom 15% of companies sized 51-200 Employees on Comparably. 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. (Photo by Taylor Hill/Getty Images) Embed. AIR INTERNATIONAL (US) INC. vs BYTON NORTH AMERICA CORPORATION, Bradley Garlinghouse vs. Kristen Mautner Garlinghouse. 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). Can you share with our readers what you think are the most important success habits or success mindsets? PALO ALTO, Calif., (BUSINESS WIRE) -- Guardant Health, Inc. (Nasdaq: GH), a leading precision oncology company, announced today that it will present data. Once you do that, you need to make sure payers will cover the test. (Id. This is a civil action for correction of inventorship under the patent laws of the FORTUNE may receive compensation for some links to products and services on this website. Prior to founding our company, Dr. Eltoukhy held various positions at Illumina, Inc. 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. Nathaniel Gage, pioneer in the scientific understanding of teaching. - 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. BY Lucy Brewster. Helmy is an entrepreneur and pioneer in the biotech industry. Maximum number of positions allowed between matching words, https://support.trellis.law/boolean-operators, Memorandum of Points and Authorities in Support. 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. Guardant Health's Chairman and Co-Chief Executive Officer is Helmy Eltoukhy. If you build it, will they come? So far, they have: Sales last year were $50 million, and should pass $100 million in 2019, according to Bank of Americas analyst team. We are launching the worlds first blood-only liquid biopsy test for residual disease and recurrence monitoring, Guardant Reveal, allowing oncologists to identify early-stage patients at high risk of recurrence who may benefit from adjuvant therapy, and who may benefit from continued monitoring to detect recurrent disease months earlier than current standard of care. Last updated: 16 March 2023 at 5:30pm EST. Guardant was founded in 2013 by Helmy Eltoukhy (CEO) and AmirAli Talasaz (president), both 39. Helmy Eltoukhy is CEO of leading precision oncology company Guardant Health, which he cofounded with AmirAli Talasaz over 8 years ago. Helmy is passionate about healthcare and impact, and serves on the Cancer Leadership Council of UCSF Cancer Center. ; Additional Info: Original Type Family Law Status Conference Judicial Officer Padilla Jr., Rosendo Hearing Time 1:30 PM Result Not Held, FinancialFinancial info for ELTOUKHY, CARSON; eFile Online Payment Receipt # 2020-036673-HOJ ELTOUKHY, CARSON $435.00, FinancialFinancial info for ELTOUKHY, CARSON; Transaction Assessment $435.00, FinancialFinancial; ELTOUKHY, CARSON; Total Financial Assessment $515.00; Total Payments and Credits $515.00, DocketCause Of Action. Helmy Eltoukhy. I am grateful for his trusted partnership in positioning Guardant Health for long . He joined the Stanford Genome Technology Center, or SGTC, as a post-doctoral fellow in 2006 to work on low-cost DNA sequencing technologies. This is something that I, as well as many others here at Guardant Health, really take to heart. Finally, one place to get all the court documents we need. Eltoukhy is currently the Chairman of Aurum Capital Management in Woodside, and San Jose, CA, a family office managing the assets of the Eltoukhy family. [8] After successfully selling Trimedia to Xidex Corp. in February 1986[9], he worked for Xidex as VP for Research and Development for a few years before he was hired by Nashua Corp to revive their disk storage business. Acquired by Illumina in 2008, Avantome was founded to develop and commercialize semiconductor-based DNA sequencing, during the race for the $1,000 genome. After completing a postdoctoral fellowship at the Stanford Genome Technology Center, Mr. Eltoukhy spent a year as president and CEO of Avantome, where he was responsible for corporate development, research, and technology development. Guardants blood test could be used to get DNA samples when a biopsy, which involves cutting out a piece of tumor, could not be performed. The co-founder of startups Avantome and Guardant Health, Eltoukhy was named to Time (magazine) 's inaugural 50 Most Influential People in Healthcare (2018) [3] [4] and Fortune's 40 . During the last year, Guardant Health insiders bought shares 2 times. Guardant Health Management Team 10 Team Members. Eltoukhy met his wife, Fofa in 1974 and they got married in August 1975, just before they traveled to the United States to begin his PhD work at the University of Illinois in the Materials Science and Engineering Department. 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. /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. Freenome and Exact Sciences are also working on blood-based cancer detection tests. Other executives include Ian Clark, Lead Independent Director; AmirAli Talasaz, Co-Chief Executive Officer and 17 others. Scaling applies to people, not just companies one has to keep learning new skills, on and off the job, to be able to continue adding value to hyper-scaling companies. Ok thank you for that. The Inception Overview. The two researchers met as graduate students at Stanford in 2002 and then worked together at. Guardant Healths Helmy Eltoukhy involved in $24M deal, Guardant Healths Helmy Eltoukhy and 72 Barry Lane (Zillow, Getty, Perepeteia/CC BY-SA 4.0/via Wikimedia Commons). The current estimated net worth of Guardant Health, Inc's Co-Chief. It has raised $1.6 billion, according to Pitchbook. degrees in electrical engineering from Stanford University. He remembers fondly a physician who got more than a year of life, attending the wedding of one of his children and the graduation of another. Illumina sued Redwood City-based Guardant Health and its co-founders Helmy Eltoukhy and AmirAli Talasaz last week on grounds that they . ; Additional Info: Comment Final Declaration of Disclosure and Income & Expense Declaration filed. The researchers claimed the blood test revealed a possible approved treatment option for 16% of patients and an experimental one for 72% of patients. New stool-based screening modalities have also failed to meaningfully improve rates. Dr. Eltoukhy earned a salary of $1.00, and other compensation of $13,664.00. ; Additional Info: Comment MSC - 1/12/23 at 2 PM, Family Law Status Conference. Its my pleasure, thanks for having me. And unlike those two submarkets, Atherton reported an average sales price increase from September to October, sitting at $10.6 million at the end of last month, MLSListings data show. 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. 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. He joined the Stanford Genome Technology Center as a post-doctoral fellow in 2006 to work on low-cost DNA sequencing technologies. Lets now move to the main focus of our interview. They sold a total of 9,625 shares worth more than $505,083.75. Teacher Shot by 6-Year-Old Student Files $40 Million Lawsuit. Can you tell us about your Big Idea That Might Change The World? 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. We first launched our liquid biopsy back in 2014. 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. ; 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, Financial info for ELTOUKHY, HELMY; eFile Online Payment Receipt # 2023-005493-HOJ ELTOUKHY, HELMY $20.00, Financial info for ELTOUKHY, HELMY; Transaction Assessment $20.00, Stipulation. What are your 5 Things I Wish Someone Told Me Before I Started and why. 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. Helmy Eltoukhy in 2013 left the genetic sequencing giant Illumina to cofound Guardant Health. Eltoukhys LLC closed on it on Nov. 4, according to public records. ; Additional Info: Comment MSC - 1/12/23 at 2 PM, DocketFamily Law Status Conference. Helmy is an entrepreneur and pioneer in the biotech industry. And, he says, the low point was a patient for whom the test showed a promising result but the doctor wanted a biopsyand the patient died during the procedure. Helmy Eltoukhy is an American scientist and entrepreneur, best known for his contributions to genomics, semiconductor DNA sequencing, and personalized medicine. Santa Clara County Superior Courts | Contract | This page was last edited on 17 July 2020, at 10:42. On average, Guardant Health Inc executives and independent directors trade stock every 7 days with the average trade being worth of $4,010,525. Benedict Evans. Discover the immediate steps you need to take now. Divorce,Separation - . Two crossed lines that form an 'X'. Additionally, Helmy Eltoukhy has had 1 past job as the Founder at Avantome. Public Records Policy. After receiving his PhD, MS and BS degrees in electrical engineering from Stanford University, he joined the Stanford Genome Technology Center (SGTC) as a post-doctoral fellow in 2006 to work on low-cost DNA sequencing technologies. We certainly believed that our liquid biopsy could make a difference in patient care, but were surprised to discover all the unexpected ways it could. For full print and download access, please subscribe at https://www.trellis.law/. [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]. 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. Shares have doubled from the $19 price set in the companys October 4 initial public offering, which raised $273 million. Liquid biopsy firms Personal Genome Diagnostics (PGDx) and Foundation Medicine are each being sued by Guardant for patent infringement. The largest trade he's ever made was exercising 565,192 units of Guardant Health Inc stock on 1 January 2021 worth over $13,847,204. During the last year, insiders at the sold shares 3 times. That will be a competitive landscape. in the jurisdiction of San Mateo County. 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. There are 14 older and 1 younger executives at Guardant Health Inc. 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 National Human Genome Research Institute grants. Cancer being a disease of the genome made it an area where DNA . We try to imagine all patients as our own family members. Learn More on Helmy Eltoukhy's contact information. ; Additional Info: Comment FOR MEDIATION FOLLOWED BY ARBITRATION, Mandatory Settlement Conference. This article "Atef Eltoukhy" is from Wikipedia. Unlike innovation in broad technology, in healthcare, you have the added barriers of clinical evidence, regulatory approval, reimbursement, etc. I knew fairly early in my career that I wanted to dedicate my lifes work to pursuits that held high positive social impact. ; Additional Info: Action Petition - Dissolution with Minor Child File Date 09/18/2020. As Health Plans Address Social Determinants, UnitedHealth Group To Make 2.5 Million Home Visits This Year, Englands Nurses To Strike Again After Rejecting Pay Deal. From left: Beth Seidenberg, Vijay Pande and Annie Lamont. Eltoukhy's career started in 1978, as a post-doctoral research and teaching assistant at the University of Illinois. See the full leadership team at Craft. It was a great time, obviously, in their history, says Eltoukhy. Helmy Eltoukhy is an American scientist, entrepreneur, and investor best known for his contributions to genomics, semiconductor DNA sequencing, and personalized medicine. Eltoukhys first company, Avantome, was acquired by Illumina for $60 million in 2008, one year after it was founded. Thank you so much for doing this with us! For what we do, having respect for the complexity of biology and for learning from others is so important. 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. 2020-10-22, Santa Clara County Superior Courts | Family | Its possible to fundamentally bring about breakthrough impact by focusing on simple things. Helmy Eltoukhy ("Eltoukhy"), and AmirAli Talasaz ("Talasaz") (collectively, "Defendants"). sputter induced micro-texturing enhancement for magnetic head structures. 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. Eltoukhy's career as a scientist/high tech entrepreneur culminated in the successful initial public offering of Stormedia in 1995.[11]. Wanted to dedicate my lifes work to pursuits that held high positive impact! Additional Info: Judicial Officer Padilla Jr., Rosendo Hearing Time 2:00 PM Cancel Reason Vacated, DocketDeclaration Regarding of. Cayman ) Ltd Softb, Bluebird ( Cayman ) Ltd Svf E and. From the $ 19 price set in the biotech industry sold shares 3 times Branch Hall Justice. Chief Executive Officer at Guardant Health insiders bought shares helmy eltoukhy wife times, Guardant for! 100,000-Patient study as many others here at Guardant Health with the average trade being worth $! He cofounded with AmirAli Talasaz over 8 years ago tell us about your Big Idea that Might Change the?. 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