. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Its solutions include treatment selection, recurrence detection, and early detection. 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. At Illumina, Helmy was Senior Director of Advanced Technology Research, where he developed novel chemistries, hardware and informatics for genetic analysis systems. Guardants first product, Guardant360, looked at mutations in 54 genes. 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. 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. Helmy Eltoukhy is CEO of leading precision oncology company Guardant Health, which he cofounded with AmirAli Talasaz over 8 years ago. 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. For example, even though colonoscopy, the standard screening modality for colon cancer, is effective, it is invasive, costly, and complicated so screening rates, while having improved, still remain low overall. Its possible to fundamentally bring about breakthrough impact by focusing on simple things. Helmy Eltoukhy is CEO of leading precision oncology company Guardant Health, which he cofounded with AmirAli Talasaz over 8 years ago. She went to another medical center to get a second opinion and the physician ordered our Guardant360 liquid biopsy test. Guardant Health, Inc. is a precision oncology company engaged in the treatment of cancer through the use of proprietary blood-based tests, vast data sets, and advanced analytics. The most active insiders traders include Bluebird (Cayman) Ltd Softb, Bluebird (Cayman) Ltd Svf E, and Helmy Eltoukhy. 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. The deal is the fourth-priciest in Athertons single-family residential market this year, according to Zillow data. His PhD thesis explored new techniques for investigating the Crystal Growth and Electrical Properties of Sputtered Indium Gallium-Antimonide Thin Films.[6]. Helmy Eltoukhy has been working as a Chairman & Co-Chief Executive Officer at Guardant Health for 10 years. Cofounder and CEO; Cofounder and president, CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. This dedication to patients also guides how we think of social responsibility more broadly as a company, and for example, helped lead us to our next-generation sequencing based COVID-19 test which we developed to help during the pandemic, given our expertise, and we are now offering the test to select schools and underserved communities. Ok thank you for that. Casimir listed the pad for sale a year after acquiring it for just under that amount, according to MLSListings data. Its second was helping cancer patients, not through a blood test but by sequencing the genetic material from tumor biopsies in order to pick medicines for patients whose disease had spread and resisted standard treatmentsa market pioneered by Foundation Medicine, which is now part of Roche. For four years, he worked as an executive in the companys research labs. 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. DocketNotice of Assignment for All Purposes and Status Conference. Finally, one place to get all the court documents we need. These tests fuel development of its LUNAR screening program, which aims to address the needs of asymptomatic individuals eligible for cancer screening and individuals at a higher risk for developing cancer with early detection. He served as the Chairman of the Board of Trustees at the American University in Cairo. Learn More about Helmy Eltoukhy's net worth. Growth of SingleCrystal Metastable Semiconducting (GaSb)1xGex Films. The estimated Net Worth of Helmy Eltoukhy is at least $476 Million dollars as of 14 March 2023. 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. "I decided to dedicate my life [+] to this disease," he told Forbes. Helmy's doctoralthesis, An integrated system for de novo DNA sequencing combinedgenomicsandsensor engineering. In fact, we begin and end every all-company meeting with a reminder of this value along with a new patient story. Learn More about insider trades at Guardant Health. Each owns shares in Guardant that are worth in excess of $200 million. On September 18, 2020, Eltoukhy, Carson filed a Divorce,Separation - (Family) case against Eltoukhy, Helmy in the jurisdiction of San Mateo County, CA. He joined the Stanford Genome Technology Center, or SGTC, as a post-doctoral fellow in 2006 to work on low-cost DNA sequencing technologies. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. ; Additional Info: Comment MSC - 1/12/23 at 2 PM, DocketFamily Law Status Conference. Service Date: 02/1/2022, Clerk's Notice of Hearing. Eltoukhy says revealing the study was one of his best days at Guardant. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one. Illumina sued Redwood City-based Guardant Health and its co-founders Helmy Eltoukhy and AmirAli Talasaz last week on grounds that they . Santa Clara County Superior Courts | Contract | In June 2016, Guardant presented a study of its test in 15,000 patients across 50 cancer types. 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. Guardant Health CEO Helmy Eltoukhy and CNBC's Meg Tirrell discuss new cancer detecting advancements with CNBC's "Power Lunch" team. We will email you when the process is complete. 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. Lets now move to the main focus of our interview. Biography of Helmy Eltoukhy Founder of Guardant Health, Inc. and Avantome, Inc., Helmy Eltoukhy currently is Chief Executive Officer & Director at Guardant Health, Inc. The potential impact of liquid biopsy on human health is profound. Eltoukhy Family Foundation - Nonprofit Explorer - ProPublica ELTOUKHY FAMILY FOUNDATION WOODSIDE, CA 94062-3654 | Tax-exempt since July 2002 EIN: 80-0014308 Classification ( NTEE ) Private. This is something that I, as well as many others here at Guardant Health, really take to heart. Freenome and Exact Sciences are also working on blood-based cancer detection tests. 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. Helmy Eltoukhy PhD is the CEO of Guardant Health, a leading precision oncology company whose mission is to conquer cancer through liquid biopsy tests that access molecular data across all stages of the disease. and B.S. 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. He then spent three years in research director roles at Illumina. Theres been a confluence of different technologies, different extraction methodologies, and different high-powered bioinformatic tools along with affordability of applying next-generation sequencing to routine testing that have really enabled us to get much more sensitive and specific in terms of seeing these trace fragments of either DNA or proteins that are contained within a tube of blood. In addition, Meghan Joyce, COO, and EVP of Platform at Oscar Health will join the Board as an Independent Director. See the full leadership team at Craft. 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 They realized it was really ovarian cancer! 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 . From left: Beth Seidenberg, Vijay Pande and Annie Lamont. Market research is often dominated by early adopters, which can lead to complex products that dont resonate with 80% of users. Scientists aren't far away from creating blood tests that can be used to detect the earliest stages of cancer, Guardant Health CEO Helmy Eltoukhy says. Most recently he bought 93,052 units of GH stock worth $2,449,129 on 14 March 2023. The test came back with genomic mutations that were not consistent with pancreatic cancer, so her physician ran a few more tests. (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: 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. Your career? To be honest, there arent many significant drawbacks to liquid biopsy. Helmy Eltoukhy ("Eltoukhy"), and AmirAli Talasaz ("Talasaz") (collectively, "Defendants"). ; Additional Info: Comment FOR MEDIATION FOLLOWED BY ARBITRATION, DocketMandatory Settlement Conference. * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). 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. The U.S. Preventive Services Task Force recommends all adults over 50 get screened for colon cancer, but currently only 69% of adults comply with these guidelines. Get notified the next time Helmy Eltoukhy buys or sells Guardant Health stock. There are 14 older and 1 younger executives at Guardant Health Inc. This bloody company is already worth $3.3 billion. 2020-02-26. producing thin-film storage disks, a pallet-loading system. 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. The current estimated net worth of Guardant Health, Inc's Co-Chief. (The current version examines 73 genes and has a list price of $7,800.). 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 is an American scientist, entrepreneur, and investor best known for his contributions to genomics, semiconductor DNA sequencing, and personalized medicine. You have the added complexities of proving the clinical utility of your test to improve healthcare outcomes. We have known this from the start and weve approached all of our products systematically with these barriers in mind. Insiders at Guardant Health own 5.9% of the company. Guardant Health was founded to pioneer non-invasive liquid biopsy approaches for cancer diagnosis, monitoring, personalized medicine treatment, and research. He received his Ph.D., M.S. Petition for Dissolution of Marriage/Domestic Partnership. News Guardant Health Inc. GH. This chart shows Helmy Eltoukhy's buying and selling at Guardant Health by year and by quarter. ; Additional Info: Comment Uniform Child Custody Jurisdiction & Enforcement Act. Here are further demographic highlights of the leadership team: The Guardant Health executive team is 41% female and 59% male. In healthcare, unlike broad technology, innovation is not enough. He received his Ph.D., M.S. The two researchers met as graduate students at Stanford in 2002 and then worked together at. 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. Unlike innovation in broad technology, in healthcare, you have the added barriers of clinical evidence, regulatory approval, reimbursement, etc. Guardant Health has 500 employees, of which 29 are in a leadership position. 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 By Emma Bardin. Dr. Eltoukhy earned a salary of $1.00, and other compensation of $13,664.00. Like with many product launches, one hopes it will be wildly successful, but is unsure if it will be. Inc & # x27 ; s Co-Chief there arent many significant drawbacks to liquid biopsy on human Health is.. Successful, but is unsure If it will be wildly successful, but is unsure it! Is 41 % female and 59 % male and has a list price of $ 200 Million significant to. 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