Guardant Health's current Chief Executive Officer is Helmy Eltoukhy. 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. You are at risk for having your bank account frozen. He received his Ph.D., M.S. This is a civil action for correction of inventorship under the patent laws of the The oldest executive at Guardant Health Inc is StanleyMeresman, 73, who is the Independent Director. Early adopters are different than the bulk of eventual users and they care about different aspects of the product, even in healthcare. Helmy is an entrepreneur and pioneer in the biotech industry . DocketNotice of Assignment for All Purposes and Status Conference. 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. The most recent insider tranaction occured on March, 15th when CEO Helmy Eltoukhy bought 8,600 shares worth more than $224,890.00. [8], In 2015, Dr. Eltoukhy was awarded the Distinguished Merit Alumni Award by the Materials Science and Engineering Alumni Association at the University of Illinois. If you do not agree with these terms, then do not use our website and/or services. This case was filed in San Mateo County Superior Courts, Southern Branch Hall of Justice and Records located in San Mateo, California. 2020-10-22, Santa Clara County Superior Courts | Family | Technology is Exponential, Humans are not. [28], The Eltoukhy family's philanthropic initiatives are focused on education in the U.S. and Egypt and are funded and managed by the Eltoukhy Family Foundation[29]. Helmy Eltoukhy has been working as a Chairman & Co-Chief Executive Officer at Guardant Health for 10 years. 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. In 2007, he co-founded Avantome to commercialize semiconductor sequencing to help speed up the democratization of high throughput DNA sequencing until its acquisition by Illumina in August 2008. At Guardant Health, we believe a simple blood test that can transform cancer care across the continuum is one of the most important world-changing ideas we have. Helmy is an entrepreneur and pioneer in the biotech industry. Eltoukhy has also authored many patents and publications in semiconductor and magnetic thin film technology. For Talasaz, the potential of the technology comes back to patients. What's Helmy Eltoukhy's mailing address? What do you need to lead this idea to widespread adoption? in the jurisdiction of San Mateo County. This was very inspirational. And the best part of all, documents in their CrowdSourced Library are FREE! Eltoukhy's career as a scientist/high tech entrepreneur culminated in the successful initial public offering of Stormedia in 1995.[11]. Whats happened in the last decade has really been the tipping point. Before we dig in, our readers would like to get to know you a bit. Details can be seen in Helmy Eltoukhy's Latest Holdings Summary section. Liquid biopsy firms Personal Genome Diagnostics (PGDx) and Foundation Medicine are each being sued by Guardant for patent infringement. ; Additional Info: Action Petition - Dissolution with Minor Child File Date 09/18/2020. This is something that I, as well as many others here at Guardant Health, really take to heart. The buyer is listed as an LLC linked to Ma Liqian, wife of Singapore billionaire Forrest Li, according to Forbes. Liquid biopsy firms Personal Genome Diagnostics (PGDx) and Foundation Medicine are each being sued by Guardant for patent infringement. For what we do, having respect for the complexity of biology and for learning from others is so important. That's the market capitalization of Guardant Health, which makes blood tests that can be used to detect mutations in cancer tumors. Couldnt a similar technology detect cancer, they wondered? ; Additional Info: Comment FOR MEDIATION FOLLOWED BY ARBITRATION, DocketMandatory Settlement Conference. FORTUNE may receive compensation for some links to products and services on this website. Ok thank you for that. For full print and download access, please subscribe at https://www.trellis.law/. 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. Helmy Eltoukhy is CEO of leading precision oncology company Guardant Health, which he cofounded with AmirAli Talasaz over 8 years ago. 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 . Helmy Eltoukhy adds, "I also wish Derek Bertocci the very best as he takes on this next chapter of his life. [10], In 1993, Eltoukhy co-founded a new startup, StorMedia Corp, in Santa Clara, CA, which specialized in advanced, high density magnetic disk technology. Benedict Evans. He then spent three years in research director roles at Illumina. Helmy Eltoukhy. We first launched our liquid biopsy back in 2014. filed a(n) ; Additional Info: Comment Final Declaration of Disclosure and Income & Expense Declaration filed. Get notified the next time Helmy Eltoukhy buys or sells Guardant Health stock. Fred Swaniker, co-founder of African Leadership Academy, CEO and co-founder of African Leadership University. 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. 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. 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. 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. Cofounder and CEO; Cofounder and president, CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. The corporate mailing address for Dr. Eltoukhy and other Guardant Health executives is 505 PENOBSCOT DR., REDWOOD CITY CA, 94063. She was administered the therapy and had a fantastic response with her disease going into remission. Nathaniel Gage, pioneer in the scientific understanding of teaching. That month, Mr. Eltoukhy was named one of Time Magazine's 50 Most Influential People in Health Care. 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. Mr. Eltoukhy owns over 93,052 units of Guardant Health Inc stock worth over $50,206,331 and over the last 5 years he sold GH stock worth over $424,897,952. 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. The Foundation was established in 2009 by Matthew Logelin, who lost his wife Elizabeth in 2008. . 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. Helmy is an entrepreneur and pioneer in the biotech industry. Guardant Health can also be reached via phone at (855) 698-8887 and via email at [emailprotected] Learn More on Helmy Eltoukhy's contact information. Eltoukhy Family Foundation - Nonprofit Explorer - ProPublica ELTOUKHY FAMILY FOUNDATION WOODSIDE, CA 94062-3654 | Tax-exempt since July 2002 EIN: 80-0014308 Classification ( NTEE ) Private. Diffusion Enhancement Due to LowEnergy Ion Bombardment During Sputter Etching and Deposition. 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. Guardant Health's Chairman and Co-Chief Executive Officer is Helmy Eltoukhy. Equality. Illumina sued Redwood City-based Guardant Health and its co-founders Helmy Eltoukhy and AmirAli Talasaz last week on grounds that they . This bloody company is already worth $3.3 billion. Post a comment / Mar 21, 2022 at 1:43 PM. 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. 8th Annual Breakthrough Prize Ceremony - Arrivals. They realized it was really ovarian cancer! Insiders at Guardant Health own 5.9% of the company. Dr. Eltoukhy earned a salary of $1.00, and other compensation of $13,664.00. Cases involving marriage dissolutions or divorces, Court Trial - Short Cause. The list of its authors can be seen in its historicaland/or the page Edithistory:Atef Eltoukhy. 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. [There was] a lot of great progress on the research side, but not a lot of it was moving the needle on the clinical side., Talasaz had studied electrical engineering in Tehran. These novel quant models launched a whole new career for Eltoukhy in money management without any prior education or training. 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. 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. Last updated: 16 March 2023 at 5:30pm EST. The deal is the fourth-priciest in Athertons single-family residential market this year, according to Zillow data. 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. In addition, Meghan Joyce, COO, and EVP of Platform at Oscar Health will join the Board as an Independent Director. Acquired by Illumina in 2008, Avantome . Guardant Health CEO Helmy Eltoukhy and CNBC's Meg Tirrell discuss new cancer detecting advancements with CNBC's "Power Lunch" team. 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 Helmy Eltoukhy has not been actively trading shares of Guardant Health during the last quarter. Guardant Health is part of the Medical Specialists industry, and located in California, United States. Helmy Eltoukhy is 41, he's been the Chief Executive Officer and Director of Guardant Health Inc since 2013. Helmy Eltoukhy is the Co-founder & CEO at Guardant Health. Getting these 80% of patients tested would result in significant savings to the healthcare system and much better overall survival for cancer patients. It was a great time, obviously, in their history, says Eltoukhy. Like with many product launches, one hopes it will be wildly successful, but is unsure if it will be. He moved to Cairo in 1969 and obtained a BS degree from Cairo University School of Engineering in 1973. What Is Gain Of Function Research, And Why Should It Be Banned? Information on this page was last updated on 3/15/2023. Guardant Health has 500 employees, of which 29 are in a leadership position. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. 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. Chart Data in Insider Trading History Table. 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. Talasaz went to Stanford in 2001, earned a Ph.D. at there in 2007, and worked in Davis center until 2009, when he founded Auriphex Biosciences, a company that developed new ways of isolating stray cancer cells from the blood. Terms & Conditions. These 11 VC investors are behind some of the hottest deals. Learn More about Helmy Eltoukhy's net worth. Public records show the home sold for $31.15 million in September 2021, just $150,000 more than the Warriors star bought it for in June 2019. 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). ; Additional Info: Comment Final Declaration of Disclosure and Income & Expense Declaration filed. 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