The estimated net worth of Helmy Eltoukhy is at least $48 Million dollars as of 2023-04-09. 241 Jobs. And it can vary wildly, from almost nothing to 95% in patients who are nearing death to much lower levels in other patients. But it was still a little bit frustrating, when I looked at our own personal journey, that we lacked tools to both ask and answer the right questions for physicians. All allegations herein are made on information and belief except where otherwise indicated. Cancer remains a leading killer globally. It did, and the doctor sent Guardant the CAT scans to prove it. There are barriers to traditional standard-of-care testing and screening modalities that a simple blood test, which is easier, faster, and less invasive, can help overcome. The buyer is listed as an LLC linked to Ma Liqian, wife of Singapore billionaire Forrest Li, according to Forbes. Teen TikToker Says Fart Led To Uterus Coming Out Her Vagina. methods for texturing a magnetic disc substrate. 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. Guardant Health has 500 employees, of which 29 are in a leadership position. Can you share with our readers what you think are the most important success habits or success mindsets? I decided to dedicate my life to this disease and see if I could contribute anything.. ; Additional Info: Comment MSC - 1/12/23 at 2 PM, Family Law Status Conference. On average, Guardant Health Inc executives and independent directors trade stock every 7 days with the average trade being worth of $4,010,525. BY Lucy Brewster. This is something that I, as well as many others here at Guardant Health, really take to heart. He previously co-founded Avantome, the first . 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. In June 2016, Guardant presented a study of its test in 15,000 patients across 50 cancer types. This is a civil action for correction of inventorship under the patent laws of the 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. September 23, 2022, 4:00 AM PDT. Information on this page was last updated on 3/15/2023. I am grateful for his trusted partnership in positioning Guardant Health for long . Guardant Health Board Member Related Hubs Education 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). I knew fairly early in my career that I wanted to dedicate my lifes work to pursuits that held high positive social impact. Why is this public record being published online? To be honest, there arent many significant drawbacks to liquid biopsy. ; Additional Info: Comment Final Declaration of Disclosure and Income & Expense Declaration filed. Cancellation and Refund Policy, Privacy Policy, and But it's step by step to get there., This is a BETA experience. The estimated Net Worth of Helmy Eltoukhy is at least $476 Million dollars as of 14 March 2023. 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. 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. 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 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 . Transaction Summary of Helmy Eltoukhy This chart shows Helmy Eltoukhy's buying and selling at Guardant Health by year and by quarter. Learn More about Helmy Eltoukhy's net worth. Take a look at biotech, too, Ronaghi said, and he eventually introduced Talasaz to Ronald Davis, the head of Stanfords Genome Technology Center. 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. 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. 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 . 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. /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. This net worth approximation does not reflect any other investments that Dr. Eltoukhy may own. Our companys first blood test, or liquid biopsy, for use with advanced cancer patients, is easier, faster, and less invasive than traditional tissue biopsy, revealing the genomic mutations of a patients cancer to inform precision medicine, an increasingly essential branch of therapy that can be more effective and less toxic than traditional one size fits all chemotherapy or immunotherapy. 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. * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). and B.S. 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). Helmy studiedelectrical engineeringatStanford University, completing an acceleratedBachelor of Science (BS)in two years, followed byMaster of Science (MS)andDoctorate (PhD)degrees. Its my pleasure, thanks for having me. 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. For four years, he worked as an executive in the companys research labs. Helmy Eltoukhy in 2013 left the genetic sequencing giant Illumina to cofound Guardant Health. Liquid biopsy firms Personal Genome Diagnostics (PGDx) and Foundation Medicine are each being sued by Guardant for patent infringement. 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. AmirAli Talasaz, and Helmy Eltoukhy, for changing Rodney Gibson's life with your liquid biopsy test. Early adopters are different than the bulk of eventual users and they care about different aspects of the product, even in healthcare. What Is Gain Of Function Research, And Why Should It Be Banned? All rights reserved. filed a(n) 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. Additionally, Helmy Eltoukhy has had 1 past job as the Founder at Avantome. CARSON ELTOUKHY vs. HELMY ELTOUKHY Case Summary On 09/18/2020 CARSON ELTOUKHY filed a Family - Marriage Dissolution/Divorce lawsuit against HELMY ELTOUKHY. BREAKING: Tiny biotech successfully treats blindness. Growth of SingleCrystal Metastable Semiconducting (GaSb)1xGex Films. Likewise, the Eltoukhy Family Foundation funded endowed fellowships for the benefit of Egyptian/Middle Eastern students at the International House at UC Berkeley.[32]. Related Topics: News, Cancer Care, Oncology, Science, Healthcare Comment Show comments Learn More on Guardant Health's active insiders. 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. Superiorwith Greenberg, Susan presiding. 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. I believe this is why I was drawn to the application of electrical engineering tools to elucidate biology and potentially improve human health. Helmy is passionate about healthcare and impact, and serves on the Cancer Leadership Council of UCSF Cancer Center. Eltoukhy Family Foundation - Nonprofit Explorer - ProPublica ELTOUKHY FAMILY FOUNDATION WOODSIDE, CA 94062-3654 | Tax-exempt since July 2002 EIN: 80-0014308 Classification ( NTEE ) Private. 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 . cofounder AmirAli Talasaz in the background. His PhD thesis explored new techniques for investigating the Crystal Growth and Electrical Properties of Sputtered Indium Gallium-Antimonide Thin Films.[6]. 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. This page was last edited on 17 July 2020, at 10:42. It indicates a way to close an interaction, or dismiss a notification. Guardant Health is a leading precision oncology company focused on helping conquer cancer globally through use of its proprietary blood tests, vast data sets and advanced analytics. 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 . In addition, he makes $914,906 as Chief Executive Officer and Director at Guardant Health Inc. Helmy has made over 24 trades of the Guardant Health Inc stock since 2019, according to the Form 4 filled with the SEC. Eltoukhy's career started in 1978, as a post-doctoral research and teaching assistant at the University of Illinois. Prenatal testing was DNA sequencings first big market. 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 As Fentanyl Deaths In Youth Rise, Will Digital Health Solutions Find Quicker Adaptation? The current estimated net worth of Guardant Health, Inc's Co-Chief. MOUNTAIN VIEW, CALIFORNIA - NOVEMBER 03: Helmy Eltoukhy and Carson Eltoukhy attend the 2020 Breakthrough Prize Ceremony at NASA Ames Research Center on November 03, 2019 in Mountain View, California. Helmy Eltoukhy is an American scientist and entrepreneur, best known for his contributions to genomics, semiconductor DNA sequencing, and personalized medicine. 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. Eltoukhy didnt respond to requests for comment. 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. Dr. Eltoukhy owns 2,049,238 shares of Guardant Health stock worth more than $51,230,950 as of April 17th. 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. Two crossed lines that form an 'X'. 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. Learn More on Helmy Eltoukhy's trading history. Powered and implemented by Interactive Data Managed Solutions. You can see the complete history of Mr. Eltoukhy stock trades at the bottom of the page. Offers may be subject to change without notice. At Illumina, Helmy was Senior Director of Advanced Technology Research, where he developed novel chemistries, hardware and informatics for genetic analysis systems. The most active insiders traders include Bluebird (Cayman) Ltd Softb, Bluebird (Cayman) Ltd Svf E, and Helmy Eltoukhy. 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. We are checking for the latest updates in this case. Guardants first product, Guardant360, looked at mutations in 54 genes. Get notified the next time Helmy Eltoukhy buys or sells Guardant Health stock. Santa Clara County Superior Courts | Contract | Helmy is an entrepreneur and pioneer in the biotech industry . 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. Guardant Health Location 3100 Hanover St, Palo Alto, California, 94304, United States Description Read More Industry During the last year, insiders at the sold shares 3 times. Notice of Assignment for All Purposes and Status Conference. We will email you when the process is complete. 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. Cofounder and CEO; Cofounder and president, CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. [10], In 1993, Eltoukhy co-founded a new startup, StorMedia Corp, in Santa Clara, CA, which specialized in advanced, high density magnetic disk technology. 58% of the management team is White. The two researchers met as graduate students at Stanford in 2002 and then worked together at. 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. Chart Data in Insider Trading History Table. degrees in electrical engineering from Stanford University. If you do not agree with these terms, then do not use our website and/or services. As one of the early innovators in digital storage media, Eltoukhy was selected in 2006 as a member of the Oral History Panel on Hard Drive Transition to Thin Film Media, which was sponsored by the Computer History Museum in Mountain View, 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. Compositionally Modulated Sputtered InSb/GaSb Superlattices: Crystal Growth and Interlayer Diffusion. Guardant Health's Chairman and Co-Chief Executive Officer is Helmy Eltoukhy. Your career? Casimir listed the pad for sale a year after acquiring it for just under that amount, according to MLSListings data. 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. This requires conducting the necessary clinical trials, amassing evidence, regulatory approvals, reimbursement, coverage, and so on. Consequently, in the mid 1990s, he co-founded two registered investment entities in San Francisco: Aurum Capital Management,[27] an investment advisory firm, and Aurum Securities, a broker-dealer. Significant News Only. Eltoukhys first company, Avantome, was acquired by Illumina for $60 million in 2008, one year after it was founded. 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 is CEO of leading precision oncology company Guardant Health, which he cofounded with AmirAli Talasaz over 8 years ago. Dr. Eltoukhy earned a salary of $1.00, and other compensation of $13,664.00. Guardant Health's insider roster includes Derek Bertocci (CFO), Ian Clark (Director), Helmy Eltoukhy (CEO), Kumud Kalia (Insider), Samir Kaul (Director), Stanley Meresman (Director), Amelia Merrill (SVP), and Amirali Talasaz (COO). You are at risk for having your bank account frozen. Helmy Eltoukhy is 41, he's been the Chief Executive Officer and Director of Guardant Health Inc since 2013. Finally, one place to get all the court documents we need. Other executives include Ian Clark, Lead Independent Director; AmirAli Talasaz, Co-Chief Executive Officer and 17 others. In healthcare, unlike broad technology, innovation is not enough. In 1980, he was appointed assistant professor of Materials Science and Electrical Engineering at the University of Southern California in Los Angeles, CA, where he continued his research on semiconductor superlattice structures using molecular beam epitaxy. To 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. You can follow me on Twitter at @Helmy_L2K and you can follow Guardant Health on LinkedIn and Twitter at @GuardantHealth. 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. Family degrees in electrical engineering from Stanford University. Can you please tell us a story about what brought you to this specific career path? A simple blood test can help improve these rates. The corporate mailing address for Dr. Eltoukhy and other Guardant Health executives is 505 PENOBSCOT DR., REDWOOD CITY CA, 94063. 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 He joined the Stanford Genome Technology Center, or SGTC, as a post-doctoral fellow in 2006 to work on low-cost DNA sequencing technologies. Guardant Health was founded to pioneer non-invasive liquid biopsy approaches for cancer diagnosis, monitoring, personalized medicine treatment, and research. "I decided to dedicate my life [+] to this disease," he told Forbes. He received his Ph.D., M.S. He joined the Stanford Genome Technology Center as a post-doctoral fellow in 2006 to work on low-cost DNA sequencing technologies. Helmy is an entrepreneur and pioneer in the biotech industry. (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: This bloody company is already worth $3.3 billion. What if a simple blood test could detect cancer across all stages of the disease, even earliest when it can be treated most effectively? ; Additional Info: Judicial Officer Padilla Jr., Rosendo Hearing Time 2:00 PM Cancel Reason Vacated, DocketDeclaration Regarding Service of. In addition, Meghan Joyce, COO, and EVP of Platform at Oscar Health will join the Board as an Independent Director. (Id. Before we dig in, our readers would like to get to know you a bit. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. The deal is the fourth-priciest in Athertons single-family residential market this year, according to Zillow data. Acquired by Illumina in 2008, Avantome . Guardant Health has commercially launched liquid biopsy-based Guardant360, Guardant360 CDx, and GuardantOMNI tests for advanced stage cancer patients, and Guardant Reveal for early-stage cancer patients. Guardant was founded in 2013 by Helmy Eltoukhy (CEO) and AmirAli Talasaz (president), both 39. 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? 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. That Dr. Eltoukhy and other compensation of $ 4,010,525 I wanted to dedicate my lifes work to that. 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