This is something that I, as well as many others here at Guardant Health, really take to heart. 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. 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. Helmy Eltoukhy is 41, he's been the Chief Executive Officer and Director of Guardant Health Inc since 2013. We try to imagine all patients as our own family members. and B.S. 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. and B.S. Once you do that, you need to make sure payers will cover the test. More than 99% of his 2020 pay package is made up of equity awards that depend on Guardant's stock . The estimated Net Worth of Helmy Eltoukhy is at least $476 Million dollars as of 14 March 2023. Helmy Eltoukhy is CEO of leading precision oncology company Guardant Health, which he cofounded with AmirAli Talasaz over 8 years ago. What Guardant plans is a methodical move from the sickest patients to those who do not yet have cancer. Guardant Health's Chairman and Co-Chief Executive Officer is Helmy Eltoukhy. Couldnt a similar technology detect cancer, they wondered? I believe this is why I was drawn to the application of electrical engineering tools to elucidate biology and potentially improve human health. Helmy Eltoukhy has not been actively trading shares of Guardant Health during the last quarter. She went to another medical center to get a second opinion and the physician ordered our Guardant360 liquid biopsy test. 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. "I decided to dedicate my life [+] to this disease," he told Forbes. Prenatal testing was DNA sequencings first big market. But it's step by step to get there., This is a BETA experience. 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. To truly curb cancer mortality rates, we must catch it earlier when it is most curative, and enable better testing across all stages of the disease to inform better treatments. Executive Summary. Guardant Health is part of the Medical Specialists industry, and located in California, United States. It has raised $1.6 billion, according to Pitchbook. 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. Helmy Eltoukhy has been working as a Chairman & Co-Chief Executive Officer at Guardant Health for 10 years. Eltoukhy's work has spanned three different careers, in science and academia, where he has been considered one of the pioneers of digital disk storage technology, as an entrepreneur, who co-founded four successful startups in two different industries, and as a money manager and quant trader with a track record of thirty-two profitable years in a row. 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). Eltoukhy's career as a scientist/high tech entrepreneur culminated in the successful initial public offering of Stormedia in 1995.[11]. 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 to be able to sort such small amounts of tumor DNA was a signal processing challenge, combining the still-plummeting cost of Illuminas DNA-sequencing machines and its own innovations to chemistry and computation. Transaction Summary of Helmy 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. We have known this from the start and weve approached all of our products systematically with these barriers in mind. Santa Clara County Superior Courts | Contract | 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. 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. Coldwell Banker Realtys Joe Piazza was 72 Barrys listing broker. 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. Named as aWorld Economic ForumTechnology Pioneer and to Fierce Biotech's Fierce 15 list. Guardant Health Location 3100 Hanover St, Palo Alto, California, 94304, United States Description Read More Industry PURCHASE A LICENSE. (Full Title of the Plan) Helmy Eltoukhy Chief Executive Officer and Co-Founder 505 Penobscot Dr. Redwood City, California, 94603 (855) 698-8887 (Name, address, including zip code, and telephone number, including area code, of agent for service) Copies to: UniCourt uses cookies to improve your online experience, for more information please see our Privacy Policy. Eltoukhy didnt respond to requests for comment. in the jurisdiction of San Mateo County. Superior Courts 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. Helmy Eltoukhy Co-founder, Chairman and co-CEO at Guardant Health Redwood City, California, United States 2K followers 500+ connections Join to view profile Activity So proud of my Dad Dr. Rick. Since then, Guardant Healths liquid biopsy tests have been used by over 9,000 oncologists in over 150,000 samples to date. On average, Helmy trades about 161,569 units every 53 days since 2018. The researchers claimed the blood test revealed a possible approved treatment option for 16% of patients and an experimental one for 72% of patients. DocketDeclaration Under UCCJEA. In healthcare, unlike broad technology, innovation is not enough. 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. Equality. 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. 2020-02-26. 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. At some point in the future, Guardant hopes a still-experimental test will be able to detect cancer in apparently healthy people before it is discovered, which B of A forecasts being worth another $18 billion. 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. Enter your email address below to get our daily insider buying and selling report. All rights reserved. The oldest executive at Guardant Health Inc is Stanley Meresman, 73, who is the Independent Director. To be honest, there arent many significant drawbacks to liquid biopsy. Helmy Eltoukhy is an American scientist and entrepreneur, best known for his contributions to genomics, semiconductor DNA sequencing, and personalized medicine. 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. There are 14 older and 1 younger executives at Guardant Health Inc. 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. What's Helmy Eltoukhy's mailing address? Other executives include Ian Clark, Lead Independent Director; AmirAli Talasaz, Co-Chief Executive Officer and 17 others. Interlayer Diffusion in InSb/GaSb Superlattice Structure Grown by Multitarget RF Sputtering, Surface Properties of Magnetic Rigid Disks for HighDensity Data Storage. 2023 Fortune Media IP Limited. DocketPetition for Dissolution of Marriage/Domestic Partnership. Divorce,Separation - One critical advancement made during COVID was the growing reliance on the life-saving power of Real-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. 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. (Id. 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 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 . PALO ALTO, Calif., (BUSINESS WIRE) -- Guardant Health, Inc. (Nasdaq: GH), a leading precision oncology company, announced today that it will present data. These 11 VC investors are behind some of the hottest deals. Helmy Eltoukhy is an American scientist and entrepreneur, best known for his contributions to genomics, semiconductor DNA sequencing, and personalized medicine. Biden To Unleash "Choke Point" Operation On America? The Guardant Health oncology platform leverages capabilities to drive commercial adoption, improve patient clinical outcomes and lower healthcare costs across all stages of the cancer care continuum. Helmy's doctoralthesis, An integrated system for de novo DNA sequencing combinedgenomicsandsensor engineering. 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. Passionate about bringing emerging technologies to the market. Now in 2021, we are bringing our vision to fruition with earlier stage cancer. Acquired by Illumina in 2008, Avantome was founded to develop and commercialize semiconductor-based DNA sequencing, during the race for the $1,000 genome. 2018-10-09, San Mateo County Superior Courts | 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. Mon, Jun 3 20192:58 PM EDT Meg Tirrell Top Videos VIDEO. Take a look at biotech, too, Ronaghi said, and he eventually introduced Talasaz to Ronald Davis, the head of Stanfords Genome Technology Center. Benedict Evans. Learn More on Guardant Health's active insiders. Helmy Eltoukhy is co-founder and CEO of Guardant Health, which provides the leading genomic blood test for advanced cancer. 241 Jobs. Lets now move to the main focus of our interview. 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. Information on this page was last updated on 3/15/2023. BY Lucy Brewster. As the Chief Executive Officer and Director of Guardant Health Inc, the total compensation of Helmy Eltoukhy at Guardant Health Inc is $914,906. 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. Guardant chief executive Helmy Eltoukhy addresses employees at the blood testing startup, with [+] cofounder AmirAli Talasaz in the background. Southern Branch Hall of Justice and Records. Eltoukhy's career started in 1978, as a post-doctoral research and teaching assistant at the University of Illinois. The family sponsored the Eltoukhy Family Fellowship at Stanford University,[30][31] in order to provide Egyptian and Middle Eastern students with opportunities for higher education in Silicon Valley. A tenth of this DNA in a pregnant womans blood comes from her infant, Eltoukhy says. I knew fairly early in my career that I wanted to dedicate my lifes work to pursuits that held high positive social impact. 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. Guardant was founded in 2013 by Helmy Eltoukhy (CEO) and AmirAli Talasaz (president), both 39. Shares have doubled from the $19 price set in the companys October 4 initial public offering, which raised $273 million. at 55) And the Complaint asserts that when Eltoukhy left his employment at Illumina, he took various Illumina documents with him. Everything else will follow." Based on our data team's research, Helmy Eltoukhy is the Guardant Health's CEO. DocketNotice of Assignment for All Purposes and Status Conference. Learn More on Guardant Health's active insiders. 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. - 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. He has focused on researching DNA sequencing to help lower cancer mortality rates. ; Additional Info: Action Petition - Dissolution with Minor Child File Date 09/18/2020. This page was last edited on 17 July 2020, at 10:42. 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. 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. The company raised $9.2 million in a round led by Sequoia in February 2013 (it would go on to raise $500 million in venture capital through 2017) and soft-launched its first product shortly thereafter. Cancer being a disease of the genome made it an area where DNA . 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). Casimir listed the pad for sale a year after acquiring it for just under that amount, according to MLSListings data. Declaration Under UCCJEA. It was a great time, obviously, in their history, says Eltoukhy. The estimated net worth of Helmy Eltoukhy is at least $51.23 million as of March 15th, 2023. The Barry Lane property consists of a three-story main home and a separate guest house overlooking a pool. Before we dig in, our readers would like to get to know you a bit. Helmy was named to Fortune's 40 under 40 in 2017 and the San Francisco Business Times 40 under 40 in 2019, and was one of Time Magazine's 50 Most . The corporate mailing address for Dr. Eltoukhy and other Guardant Health executives is 505 PENOBSCOT DR., REDWOOD CITY CA, 94063. 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 . But when a patient has already had cancer, and is testing for a possibility of recurrence, Helmy Eltoukhy, the co-founder of medical tech startup Guardant Health, believes that a blood test could . Your career? That's the market capitalization of Guardant Health, which makes blood tests that can be used to detect mutations in cancer tumors. This net worth approximation does not reflect any other investments that Dr. Eltoukhy may own. 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. ; Additional Info: Comment Final Declaration of Disclosure and Income & Expense Declaration filed. Helmy Eltoukhy is CEO of leading precision oncology company Guardant Health, which he cofounded with AmirAli Talasaz over 8 years ago. 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. (Please share a story or example for each.). 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. Learn More about insider trades at Guardant Health. Eltoukhys LLC closed on it on Nov. 4, according to public records. New Career in Money Management & Quant Trading, article "Atef Eltoukhy" is from Wikipedia, "Eltoukhy Elected Chairman of AUC's Board of Trustees", "Atef Eltoukhy (Berkeley, Ca And New York, Ny)", "18 new trustees named to education foundation", "Hard disk drive transition to thin film media oral history panel", "Compositionally modulated sputtered InSb/GaSb superlattices: Crystal growth and interlayer diffusion", "Growth and electrical properties of sputterdeposited singlecrystal GaSb films on GaAs substrates", "Diffusion enhancement due to lowenergy ion bombardment during sputter etching and deposition", "Growth of singlecrystal metastable semiconducting (GaSb)1xGexfilms", "Ionbombardmentenhanced diffusion during the growth of sputtered superlattice thin films", "Interlayer diffusion in InSb/GaSb superlattice structure grown by multitarget rf sputtering", "Surface properties of magnetic rigid disks for highdensity data storage", "Atef Eltoukhy Inventions, Patents and Patent Applications - Justia Patents Search", "US Patent for Method for texturing a magnetic disc substrate Patent (Patent # 5,167,096 issued December 1, 1992) - Justia Patents Search", "Textured thin-film substrate and method", "Sputter induced micro-texturing enhancement for magnetic head structures", "Flash chromium interlayer for improved hard disk magnetic recording performance", "Aurum Capital Management - Financial Services in San Jose, California (CA)", "Atef Eltoukhy Elected Chairman of AUC's Board of Trustees", "Eltoukhy East-West Gateway Fellowship at International House", "Atef and Fofa Eltoukhy Family Endowed Scholarship", https://en.everybodywiki.com/index.php?title=Atef_Eltoukhy&oldid=860214. ; Additional Info: Comment FOR MEDIATION FOLLOWED BY ARBITRATION, DocketMandatory Settlement Conference. Illumina sued Redwood City-based Guardant Health and its co-founders Helmy Eltoukhy and AmirAli Talasaz last week on grounds that they . methods for texturing a magnetic disc substrate. This was very inspirational. 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 Service Date: 02/1/2022, Clerk's Notice of Hearing. There are 2 executives at Guardant Health Inc getting paid more, with MichaelWiley having the highest compensation of $2,216,070. 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. Helmy is an entrepreneur and pioneer in the biotech industry. Learning to hire, manage, lead, write, present more effectively are all necessary growth curves that young founders must dedicate time towards. This requires conducting the necessary clinical trials, amassing evidence, regulatory approvals, reimbursement, coverage, and so on. Biden's disturbing new government program may be worse than Obama's. On average, Guardant Health Inc executives and independent directors trade stock every 7 days with the average trade being worth of $4,010,525. The estimated net worth of Helmy Eltoukhy is at least $48 Million dollars as of 2023-04-09. 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. Significant News Only. 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