About Veredus Laboratories
Veredus Laboratories is a company based in Singapore (Singapore) founded in 2003 by Rosemary Tan was acquired by SEKISUI CHEMICAL in April 2018.. Veredus Laboratories offers products and services including OSOM Strep A Test, VereRT TM ZeroPrep TM COVID-19 PCR Kit, VereCoV TM OneMix Detection Kit, VereFoodborne™, and VereThreat™. Veredus Laboratories operates in a competitive market with competitors including Prenetics, Karius, Day Zero Diagnostics, OpGen and Clear Labs, among others.
- Headquarter Singapore, Singapore
- Founders Rosemary Tan
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Veredus Laboratories Pte. Ltd
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Annual Revenue
$6.66 M (USD)-39as on Mar 31, 2023
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Net Profit
$-3.48 M (USD)-325as on Mar 31, 2023
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EBITDA
$-2.64 M (USD)-355as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
SEKISUI CHEMICAL
(Apr 03, 2018)
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Products & Services of Veredus Laboratories
Veredus Laboratories offers a comprehensive portfolio of products and services, including OSOM Strep A Test, VereRT TM ZeroPrep TM COVID-19 PCR Kit, VereCoV TM OneMix Detection Kit, VereFoodborne™, and VereThreat™. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Rapid diagnostic test for detecting Strep A infections
PCR-based kit for COVID-19 diagnosis without extraction
Multiplex RT-PCR kit for COVID-19 detection
Assay for detecting pathogens in food samples
System for monitoring and detecting biosurveillance threats
Funding Insights of Veredus Laboratories
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Veredus Laboratories
Veredus Laboratories has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include SEKISUI CHEMICAL. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Resins, medical products, adhesives, plastics, and chemicals are manufactured.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Veredus Laboratories
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Veredus Laboratories
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Veredus Laboratories Comparisons
Competitors of Veredus Laboratories
Veredus Laboratories operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Prenetics, Karius, Day Zero Diagnostics, OpGen and Clear Labs, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Health risks are identified through online genetic and diagnostic testing.
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Developer of a non-invasive pathogen blood test for the detection of infectious diseases
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Genome sequencing diagnostics for infectious diseases are developed.
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Developer of diagnostics and bioinformatics platforms for providers
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Food safety technologies are provided for pathogen identification.
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Viral infection treatments are developed using nucleic acid hybrid chemistry.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Veredus Laboratories
Frequently Asked Questions about Veredus Laboratories
When was Veredus Laboratories founded?
Veredus Laboratories was founded in 2003.
Where is Veredus Laboratories located?
Veredus Laboratories is headquartered in Singapore, Singapore.
Who is the current CEO of Veredus Laboratories?
Rosemary Tan is the current CEO of Veredus Laboratories. They have also founded this company.
What is the annual revenue of Veredus Laboratories?
Annual revenue of Veredus Laboratories is $6.66M as on Mar 31, 2023.
What does Veredus Laboratories do?
Veredus Laboratories was founded in 2003 in Singapore. Nucleic acid-based Lab-on-Chip devices are developed by the company for molecular diagnostics. These devices integrate multiplex PCR with microarray hybridization to identify multiple foodborne pathogens in a single test. Operations focus on the biotechnology sector, with applications in food safety testing conducted from the companys base in Singapore.
Who are the top competitors of Veredus Laboratories?
Veredus Laboratories's top competitors include Prenetics, Clear Labs and Day Zero Diagnostics.
What products or services does Veredus Laboratories offer?
Veredus Laboratories offers OSOM Strep A Test, VereRT TM ZeroPrep TM COVID-19 PCR Kit, VereCoV TM OneMix Detection Kit, VereFoodborne™, and VereThreat™.
Who are Veredus Laboratories's investors?
Veredus Laboratories has 1 investor. Key investors include SEKISUI CHEMICAL.