The lab-on-chip consists of . Its possible to fundamentally bring about breakthrough impact by focusing on simple things. Passionate about bringing emerging technologies to the market. 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. 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. 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." 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. 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. Eltoukhy has also authored many patents and publications in semiconductor and magnetic thin film technology. 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 novel quant models launched a whole new career for Eltoukhy in money management without any prior education or training. Can you tell us that story? To be honest, there arent many significant drawbacks to liquid biopsy. 241 Jobs. 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. 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. ; Additional Info: Judicial Officer Padilla Jr., Rosendo Hearing Time 2:00 PM Cancel Reason Vacated, DocketDeclaration Regarding Service of. 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 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. ; 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. 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. 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 Guardant Health Location 3100 Hanover St, Palo Alto, California, 94304, United States Description Read More Industry degrees in electrical engineering from Stanford University. 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). Teen TikToker Says Fart Led To Uterus Coming Out Her Vagina. The company was founded by Helmy Eltoukhy, AmirAli H. Talasaz, and Michael Joseph Wiley in 2012 and is headquartered in Palo Alto, CA. She went to another medical center to get a second opinion and the physician ordered our Guardant360 liquid biopsy test. On average, Helmy trades about 161,569 units every 53 days since 2018. Helmy Eltoukhy is an American scientist, entrepreneur, and investor best known for his contributions to genomics, semiconductor DNA sequencing, and personalized medicine. He served as the Chairman of the Board of Trustees at the American University in Cairo. 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. Cofounder and CEO; Cofounder and president, CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. 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 . 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. (Please share a story or example for each.). Its my pleasure, thanks for having me. 03/21/23; Press Release; It was a much tougher problem. This is something that I, as well as many others here at Guardant Health, really take to heart. Casimir listed the pad for sale a year after acquiring it for just under that amount, according to MLSListings data. Eltoukhy's work has spanned three different careers, in science and academia, where he has been considered one of the pioneers of digital disk storage technology, as an entrepreneur, who co-founded four successful startups in two different industries, and as a money manager and quant trader with a track record of thirty-two profitable years in a row. Teacher Shot by 6-Year-Old Student Files $40 Million Lawsuit. Helmy Eltoukhy is CEO of leading precision oncology company Guardant Health, which he cofounded with AmirAli Talasaz over 8 years ago. Helmy Eltoukhy adds, "I also wish Derek Bertocci the very best as he takes on this next chapter of his life. As the CEO of Guardant Health, Inc., Dr. Eltoukhy earned a total compensation package of $13,665.00 in 2021. Guardant Health has 10 executives. Terms & Conditions. 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. 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. Equality. sputter induced micro-texturing enhancement for magnetic head structures. 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 . These 11 VC investors are behind some of the hottest deals. Guardants first product, Guardant360, looked at mutations in 54 genes. 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. While I was working at Illumina, I actually had an undiagnosed health issue that exposed me to the lack of tools that exist in the healthcare sector. That will be a competitive landscape. You can follow me on Twitter at @Helmy_L2K and you can follow Guardant Health on LinkedIn and Twitter at @GuardantHealth. Cancellation and Refund Policy, Privacy Policy, and Helmy Eltoukhy has not been actively trading shares of Guardant Health during the last quarter. 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. [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. By Emma Bardin. Finally, one place to get all the court documents we need. AmirAli Talasaz, and Helmy Eltoukhy, for changing Rodney Gibson's life with your liquid biopsy test. 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. It did, and the doctor sent Guardant the CAT scans to prove it. I cover science and medicine, and believe this is biology's century. ; Additional Info: Comment MSC - 1/12/23 at 2 PM, Family Law Status Conference. Prenatal testing was DNA sequencings first big market. Last updated: 16 March 2023 at 5:30pm EST. During his doctoral studies and at the SGTC, he developed the first semiconductor sequencing platform and first base-calling algorithm for next-generation sequencing under several NIH National Human Genome Research Institute grants. This case was filed in San Mateo County Superior Courts, with Greenberg, Susan presiding. Why is this public record being published online? More specifically, it states that Eltoukhy appropriated Guardant Health Inc. 3100 Hanover Street Palo Alto,. Our recent success in bringing to market Guardant360 CDx, the first FDA-approved comprehensive liquid biopsy for all solid cancers, and a test that is covered by many private payers and Medicare for all advanced tumors, has provided us with many important learnings as we continue to look ahead to bringing future products to market for more patients earlier in the cancer care continuum. 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. Guardant Health's current Chief Executive Officer is Helmy Eltoukhy. We try to imagine all patients as our own family members. 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. 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 is an entrepreneur and pioneer in the biotech industry. 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. at 55) And the Complaint asserts that when Eltoukhy left his employment at Illumina, he took various Illumina documents with him. Dr. Eltoukhy earned a salary of $1.00, and other compensation of $13,664.00. case 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. The Inception Overview. The stock was acquired at an average cost of $26.15 per share, with a total value of $224,890.00. Learning to hire, manage, lead, write, present more effectively are all necessary growth curves that young founders must dedicate time towards. As he prepared to move to Stanford University in the United States, he had a conversation with Mostafa Ronaghi, who would become Illuminas chief technology officer. Service Date: 02/1/2022, Clerk's Notice of Hearing. This is a civil action for correction of inventorship under the patent laws of the 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 . Helmy is an entrepreneur and pioneer in the biotech industry. The co-founder of startups Avantome and Guardant Health, Eltoukhy was named to Time (magazine) 's inaugural 50 Most Influential People in Healthcare (2018) [3] [4] and Fortune's 40 . Fred Swaniker, co-founder of African Leadership Academy, CEO and co-founder of African Leadership University. AIR INTERNATIONAL (US) INC. vs BYTON NORTH AMERICA CORPORATION, Bradley Garlinghouse vs. Kristen Mautner Garlinghouse. Helmy Eltoukhy Co-founder, Chairman and co-CEO at Guardant Health Redwood City, California, United States 2K followers 500+ connections Join to view profile Activity So proud of my Dad Dr. Rick. 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. The Foundation was established in 2009 by Matthew Logelin, who lost his wife Elizabeth in 2008. . 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. ; Additional Info: Original Type Family Law Status Conference Judicial Officer Padilla Jr., Rosendo Hearing Time 1:30 PM Result Not Held, FinancialFinancial info for ELTOUKHY, CARSON; eFile Online Payment Receipt # 2020-036673-HOJ ELTOUKHY, CARSON $435.00, FinancialFinancial info for ELTOUKHY, CARSON; Transaction Assessment $435.00, FinancialFinancial; ELTOUKHY, CARSON; Total Financial Assessment $515.00; Total Payments and Credits $515.00, DocketCause Of Action. The company was founded by Helmy Eltoukhy, AmirAli H. Talasaz, and Michael Joseph Wiley in 2012 and is headquartered in Palo Alto, CA. 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? Eltoukhy, Helmy, 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. ; Additional Info: Comment Final Declaration of Disclosure and Income & Expense Declaration filed. Everything else will follow." He then spent three years in research director roles at Illumina. We are checking for the latest updates in this case. This net worth approximation does not reflect any other investments that Dr. Eltoukhy may own. 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. Superiorwith Greenberg, Susan presiding. Like 'the size of a 747' or 'the length of a . He received his Ph.D., M.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. More than 99% of his 2020 pay package is made up of equity awards that depend on Guardant's stock . 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. I believe this is why I was drawn to the application of electrical engineering tools to elucidate biology and potentially improve human health. 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. Thank you so much for doing this with us! Powered and implemented by Interactive Data Managed Solutions. Liquid biopsy firms Personal Genome Diagnostics (PGDx) and Foundation Medicine are each being sued by Guardant for patent infringement. Insiders at Guardant Health own 5.9% of the company. FORTUNE may receive compensation for some links to products and services on this website. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. BREAKING: Tiny biotech successfully treats blindness. In healthcare, unlike broad technology, innovation is not enough. Dr. Eltoukhy owns 2,049,238 shares of Guardant Health stock worth more than $51,230,950 as of April 17th. 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. 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. 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. and B.S. The corporate mailing address for Dr. Eltoukhy and other Guardant Health executives is 505 PENOBSCOT DR., REDWOOD CITY CA, 94063. Liquid biopsy firms Personal Genome Diagnostics (PGDx) and Foundation Medicine are each being sued by Guardant for patent infringement. This article "Atef Eltoukhy" is from Wikipedia. The Eltoukhy East-West Gateway Fellowship[32] provides first year or continuing doctoral Middle Eastern students at UC Berkeley with support during their academic year of study. By continuing to use this website, you agree to UniCourts General Disclaimer, Terms of Service, All Rights Reserved. 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. The method has drawn plenty of interest -- and capital -- despite initial skepticism. 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. News Guardant Health Inc. GH. 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. There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. 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