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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 VerePLEX™ 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.