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. Learn More about insider trades at Guardant Health. filed a(n) This meant she was now a candidate for a common ovarian cancer chemotherapy. Guardant Health Management Team 10 Team Members. 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. More than 99% of his 2020 pay package is made up of equity awards that depend on Guardant's stock . 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. Significant News Only. You have the added complexities of proving the clinical utility of your test to improve healthcare outcomes. 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. ; Additional Info: Comment MSC - 1/12/23 at 2 PM, Family Law Status Conference. By continuing to use this website, you agree to UniCourts General Disclaimer, Terms of Service, The Inception Overview. This is the world-changing idea that we at Guardant Health have passionately pursued since I cofounded the company with AmirAli Talasaz over 8 years ago, and one that in 2021 is closer than ever to becoming reality. 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. Keeping Black Mirror and the Law of Unintended Consequences in mind, can you see any potential drawbacks about this idea that people should think more deeply about? For four years, he worked as an executive in the companys research labs. 241 Jobs. 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. 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. Mon, Jun 3 20192:58 PM EDT Meg Tirrell Top Videos VIDEO. The company was founded by Helmy Eltoukhy, AmirAli H. Talasaz, and Michael Joseph Wiley in 2012 and is headquartered in Palo Alto, CA. These 11 VC investors are behind some of the hottest deals. The test came back with genomic mutations that were not consistent with pancreatic cancer, so her physician ran a few more tests. Liquid biopsy firms Personal Genome Diagnostics (PGDx) and Foundation Medicine are each being sued by Guardant for patent infringement. Equality. I had lost my dearest friends and family to cancer, Talasaz says. 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. Getting these 80% of patients tested would result in significant savings to the healthcare system and much better overall survival for cancer patients. Discover the immediate steps you need to take now. Linda Darling-Hammond, education advisor to Barack Obama's presidential campaign. The estimated net worth of Helmy Eltoukhy is at least $51.23 million as of March 15th, 2023. Last updated: 16 March 2023 at 5:30pm EST. 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. Our reports have gotten simpler and simpler over the years by narrowing their scope to what truly matters for patient care. Thank you so much for joining us. 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. The list of its authors can be seen in its historicaland/or the page Edithistory:Atef Eltoukhy. About half of San Mateo Countys 27 submarkets, including Atherton, saw single-family sales volume drop from September to October, according to MLSListings data. One success mindset that I think is important is intellectual humility. A newer version of their test, launched in 2017, looks at 500 genes, but this test still focuses on patients with advanced cancer. ; 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. Helmy Eltoukhy Age : 43 Public asset : 74,599,752 USD Country of residence : Unknown Linked companies : Guardant Health, Inc. PURCHASE A LICENSE. 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. 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. Eltoukhys LLC closed on it on Nov. 4, according to public records. Other executives include Ian Clark, Lead Independent Director; AmirAli Talasaz, Co-Chief Executive Officer and 17 others. Can you please share with us the most interesting story that happened to you since you began your career? This doesnt need breakthrough innovation, but can happen through just more testing. ; Additional Info: Action Petition - Dissolution with Minor Child File Date 09/18/2020. 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. 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. Illumina sued Redwood City-based Guardant Health and its co-founders Helmy Eltoukhy and AmirAli Talasaz last week on grounds that they . Talking to one another at Illumina, Eltoukhy and Talasaz realized they were fascinated by the same new technology: noninvasive prenatal testing, which tested for disease-carrying genes in unborn babies by testing their mothers blood. Your career? Biden's disturbing new government program may be worse than Obama's. A Bay Area native and the son of an entrepreneur, Helmy says his dad gave him the advice that eventually led to him co-founding Guardant: "When you start something new, focus on impact first. Courtesy of Seidenberg . This net worth approximation does not reflect any other investments that Dr. Eltoukhy may own. The estimated net worth of Helmy Eltoukhy is at least $48 Million dollars as of 2023-04-09. 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. Helmy is passionate about healthcare and impact, and serves on the Cancer Leadership Council of UCSF Cancer Center. 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. Additionally, Helmy Eltoukhy has had 1 past job as the Founder at Avantome. Guardant raised $360 million in May, and aims to sequence more than 1 million cancer patients' DNA within five years. sputter induced micro-texturing enhancement for magnetic head structures. Intellectual humility is a good thing. Superiorwith Greenberg, Susan presiding. 2018-10-09, San Mateo County Superior Courts | Family | Divorce,Separation - Insiders at Guardant Health own 5.9% of the company. Helmy is an entrepreneur and pioneer in the biotech industry . How can our readers follow you on social media? FinancialFinancial info for ELTOUKHY, HELMY; eFile Online Payment Receipt # 2023-005493-HOJ ELTOUKHY, HELMY $20.00, FinancialFinancial info for ELTOUKHY, HELMY; Transaction Assessment $20.00, DocketStipulation. The most recent insider tranaction occured on March, 15th when CEO Helmy Eltoukhy bought 8,600 shares worth more than $224,890.00. 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. Public Records Policy. Eltoukhys first company, Avantome, was acquired by Illumina for $60 million in 2008, one year after it was founded. Helmy Eltoukhy is co-founder and CEO of Guardant Health, which provides the leading genomic blood test for advanced cancer. There are 2 executives at Guardant Health Inc getting paid more, with MichaelWiley having the highest compensation of $2,216,070. Helmy Eltoukhy has been working as a Chairman & Co-Chief Executive Officer at Guardant Health for 10 years. An AUC Trustee, Eltoukhy is an Egyptian-American entrepreneur, former University of Southern California professor, scientist and the Founder and Chairman of Aurum Capital Management, an investment management firm. 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. Helmy Eltoukhy is an American scientist and entrepreneur, best known for his contributions to genomics, semiconductor DNA sequencing, and personalized medicine. The Foundation was established in 2009 by Matthew Logelin, who lost his wife Elizabeth in 2008. . This is something that I, as well as many others here at Guardant Health, really take to heart. Named as aWorld Economic ForumTechnology Pioneer and to Fierce Biotech's Fierce 15 list. 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. at 55) And the Complaint asserts that when Eltoukhy left his employment at Illumina, he took various Illumina documents with him. In June 2007, he co-founded Avantome Inc. to commercialize semiconductor sequencing to help speed up the democratization of high throughput DNA sequencing and served as Chief Executive Officer until its acquisition by Illumina in August 2008. The researchers claimed the blood test revealed a possible approved treatment option for 16% of patients and an experimental one for 72% of patients. 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. We went from a $300,000 or $400,000 genome when a joined to a $1,000 genome when I left. Learning to hire, manage, lead, write, present more effectively are all necessary growth curves that young founders must dedicate time towards. In-depth Interviews with Authorities in Business, Pop Culture, Wellness, Social Impact, and Tech. He served as the Chairman of the Board of Trustees at the American University in Cairo. Guardant chief executive Helmy Eltoukhy addresses employees at the blood testing startup, with [+] cofounder AmirAli Talasaz in the background. Superior Courts degrees in electrical engineering from Stanford University. The dynamic duo of Helmy and AmirAli believes that the key to conquering cancer is to expand efforts to detect the cancers most likely to be cured through early intervention and access to their molecular information throughout all stages of the disease. Guardants first product, Guardant360, looked at mutations in 54 genes. Terms & Conditions. 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. This chart shows Helmy Eltoukhy's buying and selling at Guardant Health by year and by quarter. Cancellation and Refund Policy, Privacy Policy, and And it can vary wildly, from almost nothing to 95% in patients who are nearing death to much lower levels in other patients. In June 2007, he co-founded Avantome Inc. to commercialize semiconductor sequencing to help speed up the democratization of high throughput DNA sequencing and served as Chief Executive Officer until its acquisition by Illumina in August 2008. The deal is the fourth-priciest in Athertons single-family residential market this year, according to Zillow data. 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. The two researchers met as graduate students at Stanford in 2002 and then worked together at Illumina, the $40 billion (market cap) maker of DNA sequencing gear. The town of about 7,000 residents has now seen three sales of $24 million or more over the past month, when the second half of the Bay Areas autumn home-selling season typically starts and ends. The lab-on-chip consists of . From left: Beth Seidenberg, Vijay Pande and Annie Lamont. Petition for Dissolution of Marriage/Domestic Partnership. 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. Notice of Assignment for All Purposes and Status Conference. Helmy's mailing address filed with the SEC is 505, Penobscot Drive, Redwood City, San Mateo County, California, 94063, United States. Powered and implemented by Interactive Data Managed Solutions. 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. He has focused on researching DNA sequencing to help lower cancer mortality rates. 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. Over the last 5 years, insiders at Guardant Health Inc have traded over $2,653,397,513 worth of Guardant Health Inc stock and bought 2,433,042 units worth $45,037,095 "I decided to dedicate my life [+] to this disease," he told Forbes. One critical advancement made during COVID was the growing reliance on the life-saving power of Real-World . Enter your email address below to get our daily insider buying and selling report. Learn More on Helmy Eltoukhy's contact information. CARSON ELTOUKHY vs. HELMY ELTOUKHY Case Summary On 09/18/2020 CARSON ELTOUKHY filed a Family - Marriage Dissolution/Divorce lawsuit against HELMY ELTOUKHY. 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. The stock was acquired at an average cost of $26.15 per share, with a total value of $224,890.00. Helmy Eltoukhy adds, "I also wish Derek Bertocci the very best as he takes on this next chapter of his life. Can you tell us that story? Once you do that, you need to make sure payers will cover the test. Guardant Health Inc. 3100 Hanover Street Palo Alto,. In healthcare, unlike broad technology, innovation is not enough. Related Topics: News, Cancer Care, Oncology, Science, Healthcare Comment Show comments Helmy Eltoukhy is CEO of leading precision oncology company Guardant Health, which he cofounded with AmirAli Talasaz over 8 years ago. Helmy studiedelectrical engineeringatStanford University, completing an acceleratedBachelor of Science (BS)in two years, followed byMaster of Science (MS)andDoctorate (PhD)degrees. The buyer is listed as an LLC linked to Ma Liqian, wife of Singapore billionaire Forrest Li, according to Forbes. He joined the Stanford Genome Technology Center, or SGTC, as a post-doctoral fellow in 2006 to work on low-cost DNA sequencing technologies. Helmy Eltoukhy in 2013 left the genetic sequencing giant Illumina to cofound Guardant Health. [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. The Eltoukhy East-West Gateway Fellowship[32] provides first year or continuing doctoral Middle Eastern students at UC Berkeley with support during their academic year of study. The potential impact of liquid biopsy on human health is profound. We first launched our liquid biopsy back in 2014. As the Chief Executive Officer and Director of Guardant Health Inc, the total compensation of Helmy Eltoukhy at Guardant Health Inc is $914,906. I believe this is why I was drawn to the application of electrical engineering tools to elucidate biology and potentially improve human health. DocketCourt Trial - Short Cause. In addition, Meghan Joyce, COO, and EVP of Platform at Oscar Health will join the Board as an Independent Director. As he prepared to move to Stanford University in the United States, he had a conversation with Mostafa Ronaghi, who would become Illuminas chief technology officer. Dr. Eltoukhy earned a salary of $1.00, and other compensation of $13,664.00. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. Transaction Summary of Helmy Eltoukhy Service Date: 02/1/2022, Clerk's Notice of Hearing. Helmy's doctoralthesis, An integrated system for de novo DNA sequencing combinedgenomicsandsensor engineering. Guardant Health has 500 employees, of which 29 are in a leadership position. This Malibu trailer park is coveted by the rich, the famous and the surfers, Fannie Mae keeps secret blacklist of properties, Watch: Developer Patrick Carroll "spits" on restaurant manager, Pair of Atherton estates sell for combined $51M, Atherton retains top spot for regions wealthiest zip code, Redeveloped Atherton estate sells for $22.5M. Guardant Health has 10 executives. That will be a competitive landscape. He became a scientist at the IBM Research Division in San Jose, where he used his research expertise in thin film deposition technology to investigate novel alloys and structures of various magnetic materials. In June 2016, Guardant presented a study of its test in 15,000 patients across 50 cancer types. The reason for the excitement: the hope that Guardant and companies like it could make it easier to treat cancer by detecting mutations that will reveal what drugs a tumor will respond to; that they will be able to detect cancer earlier when it recurs; and that, someday, companies like Guardant or rivals like Grail or Freenome will be able to develop blood tests that can detect cancer in healthy people, catching it early, when it can be treated easily. Guardant Health Co-founder & CEO 2013 Board and Advisor Roles Number of Current Board & Advisor Roles 1 Helmy Eltoukhy is the Board Member at Guardant Health. These blood tests, as a whole, are referred to by scientists as "liquid biopsies," because they replace surgeries to get samples of tumors. They realized it was really ovarian cancer! Bits of cancer DNA can be found in a . 2020-09-29, Santa Clara County Superior Courts | Family | 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. [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. 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. Our LUNAR-2 program is developing a multi-cancer blood test that will first focus on CRC, with our ECLIPSE trial planned to finish enrollment in 2021. 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. Growth and Electrical Properties of SputterDeposited SingleCrystal GaSb Films on GaAs Substrates. September 23, 2022, 4:00 AM PDT. Guardant was founded in 2013 by Helmy Eltoukhy (CEO) and AmirAli Talasaz (president), both 39. 8th Annual Breakthrough Prize Ceremony - Arrivals. 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. You know, the vision is not even fighting cancer but if anybody has these genetic markers and so on, even detecting precursors to disease itself, quantitatively in the blood, Eltoukhy says. Details can be seen in Helmy Eltoukhy's Latest Holdings Summary section. AIR INTERNATIONAL (US) INC. vs BYTON NORTH AMERICA CORPORATION, Bradley Garlinghouse vs. Kristen Mautner Garlinghouse. Guardant Health Location 3100 Hanover St, Palo Alto, California, 94304, United States Description Read More Industry ; Additional Info: Comment Final Declaration of Disclosure and Income & Expense Declaration filed. 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. 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. There are 14 older and 1 younger executives at Guardant Health Inc. Learn More on Helmy Eltoukhy's salary. Helmy Eltoukhy is CEO of leading precision oncology company Guardant Health, which he cofounded with AmirAli Talasaz over 8 years ago. and B.S. Early adopters are different than the bulk of eventual users and they care about different aspects of the product, even in healthcare. Helmy Eltoukhy, Ph.D. is the co-founder and chairman of the board of directors for Guardant Health and has served as the company's Co-Chief Executive Officer since August 2021. In cancer patients, Guardant has found, the median amount of DNA that comes from tumors is just 0.4%. It was a great time, obviously, in their history, says Eltoukhy. 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 In fact, we begin and end every all-company meeting with a reminder of this value along with a new patient story. 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. Richard Wall Lyman, former provost of Stanford University. This case was filed in San Mateo County Superior Courts, with Greenberg, Susan presiding. He received his Ph.D., M.S. DocketPetition for Dissolution of Marriage/Domestic Partnership. OVERVIEW 1. One of the first patients we tested was a mother of two in her mid 40s who was diagnosed with late-stage pancreatic cancer and given a poor prognosis with only two months to live. Casimir listed the pad for sale a year after acquiring it for just under that amount, according to MLSListings data. Having dedicated myself to the cancer care space, like so many of my colleagues here at Guardant Health, I think this principle of putting the patient first has truly helped guide me in my life and career. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. Compositionally Modulated Sputtered InSb/GaSb Superlattices: Crystal Growth and Interlayer Diffusion. Each owns shares in Guardant that are worth in excess of $200 million. His PhD thesis explored new techniques for investigating the Crystal Growth and Electrical Properties of Sputtered Indium Gallium-Antimonide Thin Films.[6]. % of patients tested would result in significant savings to the application of electrical engineering tools to biology... Of eventual users and they care about different aspects of the product even. Fortune media IP Limited, registered in the companys research labs engineering tools to elucidate biology potentially!, and Tech transaction Summary of Helmy Eltoukhy Service Date: 02/1/2022, Clerk 's notice of for. Mutations that were not consistent with pancreatic cancer, so her physician a. Case was filed in San Mateo County Superior Courts | Family helmy eltoukhy wife Divorce, Separation - Insiders at Guardant for... Family - Marriage Dissolution/Divorce lawsuit against Helmy Eltoukhy Service Date: 02/1/2022 Clerk. 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