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. DocketCourt Trial - Short Cause. By continuing to use this website, you agree to UniCourts General Disclaimer, Terms of Service, This bloody company is already worth $3.3 billion. Court documents are not available online for Family cases in California. Discover the immediate steps you need to take now. In our space, undergenotyping is such a significant challenge, whereby as many as 80% of cancer patients arent being tested for basic therapies that are indicated in guidelines. 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. San Mateo County On average, Guardant Health Inc executives and independent directors trade stock every 7 days with the average trade being worth of $4,010,525. Eltoukhy says revealing the study was one of his best days at Guardant. If you do not agree with these terms, then do not use our website and/or services. 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. 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. What Guardant plans is a methodical move from the sickest patients to those who do not yet have cancer. 2020-10-22, Santa Clara County Superior Courts | Family | Freenome and Exact Sciences are also working on blood-based cancer detection tests. 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). You may opt-out by. Guardant Health's Chairman and Co-Chief Executive Officer is Helmy Eltoukhy. 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. See the full leadership team at Craft. The corporate mailing address for Dr. Eltoukhy and other Guardant Health executives is 505 PENOBSCOT DR., REDWOOD CITY CA, 94063. More skeptical analysts at Bank of America, meanwhile, project annual sales will grow from $74 million this year to $496 million in 2023 but say they are neutral on the stock because even with that torrid growth, the company, which is based in Redwood City, California, will not be profitable. Helmy is an entrepreneur and pioneer in the biotech industry. ; 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. His PhD thesis explored new techniques for investigating the Crystal Growth and Electrical Properties of Sputtered Indium Gallium-Antimonide Thin Films.[6]. From left: Beth Seidenberg, Vijay Pande and Annie Lamont. It was a much tougher problem. Helmy Eltoukhy is an American scientist and entrepreneur, best known for his contributions to genomics, semiconductor DNA sequencing, and personalized medicine. 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. Guardant was founded in 2013 by Helmy Eltoukhy (CEO) and AmirAli Talasaz (president), both 39. Finally, one place to get all the court documents we need. 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 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. He currently serves as the co-founder and CEO of Guardant Health, a healthcare company empowering comprehensive cancer management with a simple blood test. ; Additional Info: Comment MSC - 1/12/23 at 2 PM, DocketFamily Law Status Conference. 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. flash chromium interlayer for improved hard disk magnetic recording performance, a method for texturing a disc substrate, and a particle slurry for use in the method. The potential impact of liquid biopsy on human health is profound. Learn More about Helmy Eltoukhy's net worth. He joined the Stanford Genome Technology Center, or SGTC, as a post-doctoral fellow in 2006 to work on low-cost DNA sequencing technologies. Eltoukhy didnt respond to requests for comment. It indicates a way to close an interaction, or dismiss a notification. They sold a total of 9,625 shares worth more than $505,083.75. ; Additional Info: Comment Final Declaration of Disclosure and Income & Expense Declaration filed. 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 . 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. You have the added complexities of proving the clinical utility of your test to improve healthcare outcomes. 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. Guardant Health has 10 executives. 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. We went from a $300,000 or $400,000 genome when a joined to a $1,000 genome when I left. He has focused on researching DNA sequencing to help lower cancer mortality rates. He previously co-founded Avantome, the first . In 2006 Helmy Eltoukhy earned a PhD in electrical engineering from Stanford, authoring his doctoral thesis, called "An integrated system for de novo DNA sequencing." OVERVIEW 1. If you build it, will they come? So far, they have: Sales last year were $50 million, and should pass $100 million in 2019, according to Bank of Americas analyst team. Transaction Summary of Helmy Eltoukhy Helmy is passionate about healthcare and impact, and serves on the Cancer Leadership Council of UCSF Cancer Center. 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. Helmy Eltoukhy is CEO of leading precision oncology company Guardant Health, which he cofounded with AmirAli Talasaz over 8 years ago. 03/21/23; Press Release; 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. Petition for Dissolution of Marriage/Domestic Partnership. There are 14 older and 1 younger executives at Guardant Health Inc. 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. I believe this is why I was drawn to the application of electrical engineering tools to elucidate biology and potentially improve human health. During the last year, Guardant Health insiders bought shares 2 times. This case was filed in Powered and implemented by Interactive Data Managed Solutions. Offers may be subject to change without notice. The researchers claimed the blood test revealed a possible approved treatment option for 16% of patients and an experimental one for 72% of patients. Getting these 80% of patients tested would result in significant savings to the healthcare system and much better overall survival for cancer patients. Other executives include Ian Clark, Lead Independent Director; AmirAli Talasaz, Co-Chief Executive Officer and 17 others. Notice of Assignment for All Purposes and Status Conference. Learn More on Guardant Health's active insiders. DocketDeclaration Under UCCJEA. This case was filed in San Mateo County Superior Courts, Southern Branch Hall of Justice and Records located in San Mateo, California. Additionally, Helmy Eltoukhy has had 1 past job as the Founder at Avantome. Mon, Jun 3 20192:58 PM EDT Meg Tirrell Top Videos VIDEO. Acquired by Illumina in 2008, Avantome . Divorce,Separation - Our reports have gotten simpler and simpler over the years by narrowing their scope to what truly matters for patient care. Can you tell us about your Big Idea That Might Change The World? It did, and the doctor sent Guardant the CAT scans to prove it. At Illumina, Helmy was Senior Director of Advanced Technology Research, where he developed novel chemistries, hardware and informatics for genetic analysis systems. 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. Thank you so much for doing this with us! Cancer remains a leading killer globally. Liquid biopsy firms Personal Genome Diagnostics (PGDx) and Foundation Medicine are each being sued by Guardant for patent infringement. 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. Helmy Eltoukhy is an American scientist and entrepreneur, best known for his contributions to genomics, semiconductor DNA sequencing, and personalized medicine. 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. Courtesy of Seidenberg . In June 2016, Guardant presented a study of its test in 15,000 patients across 50 cancer types. Shares have doubled from the $19 price set in the companys October 4 initial public offering, which raised $273 million. One critical advancement made during COVID was the growing reliance on the life-saving power of Real-World . Growth of SingleCrystal Metastable Semiconducting (GaSb)1xGex Films. Two crossed lines that form an 'X'. Service Date: 02/1/2022, DocketClerk's Notice of Hearing. 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. 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. The estimated net worth of Helmy Eltoukhy is at least $51.23 million as of March 15th, 2023. Helmy Eltoukhy - Guardant Health Co-Founder and CEO 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. 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. DocketPetition for Dissolution of Marriage/Domestic Partnership. Eltoukhy, Helmy, 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. 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 . 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. On average, Helmy trades about 161,569 units every 53 days since 2018. 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. 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. Yet the 10 percent decline in Atherton wasnt as severe as in Woodside and Hillsborough, two other affluent enclaves in the county where sales volume plummeted by more than half during that time, the data show. It was a great time, obviously, in their history, says Eltoukhy. In addition, Meghan Joyce, COO, and EVP of Platform at Oscar Health will join the Board as an Independent Director. Learning to hire, manage, lead, write, present more effectively are all necessary growth curves that young founders must dedicate time towards. Executive Summary. Atef Eltoukhy was born in Sharkia, Egypt on February 3, 1951. We will email you when the process is complete. 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. Dr. Eltoukhy earned a salary of $1.00, and other compensation of $13,664.00. The stock was acquired at an average cost of $26.15 per share, with a total value of $224,890.00. 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. Helmy Eltoukhy is an American scientist and entrepreneur, best known for his contributions to genomics, semiconductor DNA sequencing, and personalized medicine. Liquid biopsy has been around since the 1950s. We use interviews to draw out stories that are both empowering and actionable. For Talasaz, the potential of the technology comes back to patients. What Is Gain Of Function Research, And Why Should It Be Banned? The Inception Overview. Related Topics: News, Cancer Care, Oncology, Science, Healthcare Comment Show comments [10], In 1993, Eltoukhy co-founded a new startup, StorMedia Corp, in Santa Clara, CA, which specialized in advanced, high density magnetic disk technology. IonBombardmentEnhanced Diffusion During the Growth of Sputtered Superlattice Thin Films. 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. This net worth approximation does not reflect any other investments that Dr. Eltoukhy may own. As of 14 March 2023 he still owns at least 2,049,238 units of Guardant Health Inc stock. 2018-10-09, San Mateo County Superior Courts | Family | Helmy A. Eltoukhy Ph.D. serves as Chief Executive Officer, Director of the Company. The Foundation was established in 2009 by Matthew Logelin, who lost his wife Elizabeth in 2008. . Prenatal testing was DNA sequencings first big market. Learn More about insider trades at Guardant Health. Learn More on Helmy Eltoukhy's salary. 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. But it's step by step to get there., This is a BETA experience. 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. A newer version of their test, launched in 2017, looks at 500 genes, but this test still focuses on patients with advanced cancer. Chart Data in Insider Trading History Table. This case was filed in San Mateo County Superior Courts, with Greenberg, Susan presiding. Eltoukhy, Carson, We have known this from the start and weve approached all of our products systematically with these barriers in mind. The oldest executive at Guardant Health Inc is Stanley Meresman, 73, who is the Independent Director. 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. 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. Can you share with our readers what you think are the most important success habits or success mindsets? 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. 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