Named as aWorld Economic ForumTechnology Pioneer and to Fierce Biotech's Fierce 15 list. It indicates a way to close an interaction, or dismiss a notification. Santa Clara County Superior Courts | Contract | 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. On average, Guardant Health Inc executives and independent directors trade stock every 7 days with the average trade being worth of $4,010,525. One success mindset that I think is important is intellectual humility. Declaration Under UCCJEA. Here are further demographic highlights of the leadership team: The Guardant Health executive team is 41% female and 59% male. Guardant was founded in 2013 by Helmy Eltoukhy (CEO) and AmirAli Talasaz (president), both 39. 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. Dr. Eltoukhy earned a salary of $1.00, and other compensation of $13,664.00. These novel quant models launched a whole new career for Eltoukhy in money management without any prior education or training. In-depth Interviews with Authorities in Business, Pop Culture, Wellness, Social Impact, and Tech. Following the completion of the transaction, the chief executive officer now directly owns 2,049,238 shares of the company's stock, valued at $53,587,573.70. By Emma Bardin. filed a(n) 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. Learn More about Helmy Eltoukhy's net worth. 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. Helmy Eltoukhy received a doctorate, a graduate degree and an undergraduate degree from Stanford University. 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. 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. The corporate mailing address for Dr. Eltoukhy and other Guardant Health executives is 505 PENOBSCOT DR., REDWOOD CITY CA, 94063. 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. At Illumina, Helmy was Senior Director of Advanced Technology Research, where he developed novel chemistries, hardware and informatics for genetic analysis systems. 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 inliquid biopsyapproaches used for cancer diagnosis and research. and B.S. 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. This chart shows Helmy Eltoukhy's buying and selling at Guardant Health by year and by quarter. 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). 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. The buyer is listed as an LLC linked to Ma Liqian, wife of Singapore billionaire Forrest Li, according to Forbes. He received his Ph.D., M.S. Helmy is passionate about healthcare and impact, and serves on the Cancer Leadership Council of UCSF Cancer Center. SAN FRANCISCO, CA - August 31, 2021 - Ellipsis Health, pioneer of the first voice vital sign to quantify and manage depression and anxiety at scale, today announced that it has raised $26 million in Series A funding to further its measurement-based approach to identifying and quantifying behavioral health conditions.Through voice technology, Ellipsis Health empowers people to take control . Richard Wall Lyman, former provost of Stanford University. Service Date: 02/1/2022, DocketClerk's Notice of Hearing. Eltoukhy's career started in 1978, as a post-doctoral research and teaching assistant at the University of Illinois. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. 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? Eltoukhys LLC closed on it on Nov. 4, according to public records. 8th Annual Breakthrough Prize Ceremony - Arrivals. Cancellation and Refund Policy, Privacy Policy, and Nathaniel Gage, pioneer in the scientific understanding of teaching. 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. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. PURCHASE A LICENSE. What Is Gain Of Function Research, And Why Should It Be Banned? But it's step by step to get there., This is a BETA experience. 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. That month, Mr. Eltoukhy was named one of Time Magazine's 50 Most Influential People in Health Care. I cover science and medicine, and believe this is biology's century. 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. Guardant Health's Chairman and Co-Chief Executive Officer is Helmy Eltoukhy. Helmy Eltoukhy is an American scientist and entrepreneur, best known for his contributions to genomics, semiconductor DNA sequencing, and personalized medicine. 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. DocketPetition for Dissolution of Marriage/Domestic Partnership. 2012, Eltoukhy e-mailed draft patent claims dated August 10, 2012 to his personal Gmail account from his Illumina work e-mail account. These blood tests, as a whole, are referred to by scientists as "liquid biopsies," because they replace surgeries to get samples of tumors. Casimir listed the pad for sale a year after acquiring it for just under that amount, according to MLSListings data. Guardant Health Board Member Related Hubs Education Helmy Eltoukhy is the Co-founder & CEO at Guardant Health. 58% of the management team is White. His PhD thesis explored new techniques for investigating the Crystal Growth and Electrical Properties of Sputtered Indium Gallium-Antimonide Thin Films.[6]. Get notified the next time Helmy Eltoukhy buys or sells Guardant Health stock. 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. 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. Its possible to fundamentally bring about breakthrough impact by focusing on simple things. What if a simple blood test could detect cancer across all stages of the disease, even earliest when it can be treated most effectively? 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. Dr. Eltoukhy owns 2,049,238 shares of Guardant Health stock worth more than $51,230,950 as of April 17th. It has raised $1.6 billion, according to Pitchbook. More specifically, it states that Eltoukhy appropriated Guardant Health is part of the Medical Specialists industry, and located in California, United States. It was a much tougher problem. The oldest executive at Guardant Health Inc is Stanley Meresman, 73, who is the Independent Director. 2020-10-22, Santa Clara County Superior Courts | Family | FORTUNE may receive compensation for some links to products and services on this website. More than 99% of his 2020 pay package is made up of equity awards that depend on Guardant's stock . This meant she was now a candidate for a common ovarian cancer chemotherapy. 2020-09-29, Santa Clara County Superior Courts | Family | ; Additional Info: Comment Uniform Child Custody Jurisdiction & Enforcement Act. Guardant Health CEO Helmy Eltoukhy and CNBC's Meg Tirrell discuss new cancer detecting advancements with CNBC's "Power Lunch" team. Helmy Eltoukhy, PhD, is a biotech pioneer with deep expertise in next-generation DNA sequencing technologies and genetic analysis systems. 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. 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. 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 . a method of forming an isotropic texture having a selected summit density and surface roughness in a selected inner-diameter annular zone of a thin-film medium substrate having a polished metal coating on the substrate. Which principles or philosophies have guided your life? Mon, Jun 3 20192:58 PM EDT Meg Tirrell Top Videos VIDEO. 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. A tenth of this DNA in a pregnant womans blood comes from her infant, Eltoukhy says. Powered and implemented by Interactive Data Managed Solutions. 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. This case was filed in San Mateo County Superior Courts, Southern Branch Hall of Justice and Records located in San Mateo, California. The stock was acquired at an average cost of $26.15 per share, with a total value of $224,890.00. We first launched our liquid biopsy back in 2014. 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. What are your 5 Things I Wish Someone Told Me Before I Started and why. 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. 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. 2023 Fortune Media IP Limited. Helmy Eltoukhy, Ph.D. is the co-founder of Guardant Health and has served as the companys Chief Executive Officer since January 2013. Eltoukhy didnt respond to requests for comment. and B.S. ; Additional Info: Comment MSC - 1/12/23 at 2 PM, DocketFamily Law Status Conference. She was administered the therapy and had a fantastic response with her disease going into remission. 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.. 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. Linda Darling-Hammond, education advisor to Barack Obama's presidential campaign. The company was founded by Helmy Eltoukhy, AmirAli H. Talasaz, and Michael Joseph Wiley in 2012 and is headquartered in Palo Alto, CA. We have known this from the start and weve approached all of our products systematically with these barriers in mind. Helmy Eltoukhy with Carson Eltoukhy Helmy Eltoukhy, Carson Eltoukhy prints Downloads Select Material: 4x6 $15.00 5x7 $20.00 8x10 $30.00 8x12 $30.00 8xWallet $17.95 Add to cart SHARE Choose if you want to purchase a print or a digital download of this photo Choose what type of print material you would like 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 researchers claimed the blood test revealed a possible approved treatment option for 16% of patients and an experimental one for 72% of patients. Early adopters are different than the bulk of eventual users and they care about different aspects of the product, even in healthcare. Dr. Eltoukhy earned a salary of $1.00, and other compensation of $13,664.00. What do you need to lead this idea to widespread adoption? 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. And the best part of all, documents in their CrowdSourced Library are FREE! For four years, he worked as an executive in the companys research labs. 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. A simple blood test to detect cancer at all stages of the disease has the power to change the world by increasing testing and screening rates which will help curb cancer mortality rates once and for all. Helmy is an entrepreneur and pioneer in the biotech industry. Helmy Eltoukhy has been working as a Chairman & Co-Chief Executive Officer at Guardant Health for 10 years. 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. Getting these 80% of patients tested would result in significant savings to the healthcare system and much better overall survival for cancer patients. Learn More on Helmy Eltoukhy's salary. The Foundation was established in 2009 by Matthew Logelin, who lost his wife Elizabeth in 2008. . This case was filed in San Mateo County Superior Courts, with Greenberg, Susan presiding. IonBombardmentEnhanced Diffusion During the Growth of Sputtered Superlattice Thin Films. The oldest executive at Guardant Health Inc is StanleyMeresman, 73, who is the Independent Director. But another test, LUNAR-1, expected to launch for research use by drug companies this year, will be used in patients whose cancer has been treated to determine whether it will come back. Helmy Eltoukhy is an American scientist and entrepreneur, best known for his contributions to genomics, semiconductor DNA sequencing, and personalized medicine. 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. Another $30 million-plus purchase was made in the same neighborhood in early November when an LLC associated with Helmy Eltoukhy, co-founder of $5 billion Guardant Health, bought a home for $30.25 . ; Additional Info: Action Petition - Dissolution with Minor Child File Date 09/18/2020. He served as the Chairman of the Board of Trustees at the American University in Cairo. 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. I knew fairly early in my career that I wanted to dedicate my lifes work to pursuits that held high positive social impact. As Fentanyl Deaths In Youth Rise, Will Digital Health Solutions Find Quicker Adaptation? 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. Helmy Eltoukhy is CEO of leading precision oncology company Guardant Health, which he cofounded with AmirAli Talasaz over 8 years ago. 2018-10-09, San Mateo County Superior Courts | Family | On average, Helmy trades about 161,569 units every 53 days since 2018. News Guardant Health Inc. GH. 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. Can you please share with us the most interesting story that happened to you since you began your career? 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. 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. 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. I decided to dedicate my life to this disease and see if I could contribute anything.. 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. ; Additional Info: Comment Final Declaration of Disclosure and Income & Expense Declaration filed. In healthcare, unlike broad technology, innovation is not enough. Atef Eltoukhy (born February 3,1951) is known for pioneering digital disk storage technology while working as a scientist and entrepreneur in early-1980s Silicon Valley. Everything else will follow." 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. Guardant was founded in 2013 by Helmy Eltoukhy (CEO) and AmirAli Talasaz (president), both 39. 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. Can you share with our readers what you think are the most important success habits or success mindsets? ; Additional Info: Judicial Officer Padilla Jr., Rosendo Hearing Time 2:00 PM Cancel Reason Vacated, Declaration Regarding Service of. Learn More on Helmy Eltoukhy's trading history. Why Should it Be Banned as Fentanyl Deaths in Youth Rise, Will Digital Health Solutions Find Adaptation! Comment MSC - 1/12/23 at 2 PM, DocketFamily Law Status Conference received a doctorate a., or dismiss a notification, former provost of Stanford University & Expense Declaration.. Pm EDT Meg Tirrell Top Videos VIDEO there., this is biology 's century Rise, Will Digital Solutions! Pregnant womans blood comes from her infant, Eltoukhy says Co-Chief executive Officer at Guardant Health Inc Stanley. 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