Veredus Laboratories Pte Ltd was founded in 2004 and launched its first products in 2005. Veredus is a Singapore-based majority-owned subsidiary of Accuron Technologies Limited, a precision engineering and technology group wholly-owned by Temasek Holdings.

Veredus develops, manufactures, and markets innovative multiplexed molecular solutions in the clinical, specialty, and custom testing markets based on STMicroelectronics Lab-on-Chip platform. The Lab-on-Chip platform, marketed as the VerePLEXâ„¢ biosystem, combines Micro-Electro Mechanical Systems (MEMS) with micro-fluidics to integrate multiplexed DNA amplification with microarray detection for rapid, cost-effective, and accurate analysis of biological materials.