Round Rock Chamber Announces Expanded Bioscience Presence with Addition of New Clinical Lab

California-based Singulex Corp to relocate its clinical lab to Round Rock by end of first quarter of 2018

Alameda, Calif., June 16, 2017 – Singulex, a commercial stage privately held immunodiagnostics company, announced today it is relocating its clinical laboratory business to Round Rock, TX.  The new facility, called Veridia Diagnostics, will initially employ approximately 100 people when it opens.

“After carefully considering a number of options for our clinical lab, we concluded Round Rock was a perfect fit with its high quality of life, strong public education and healthcare infrastructure, and affordable housing,” said Guido Baechler, president and chief executive officer of Singulex.  “Relocating also provides us the opportunity to grow our clinical lab business which in turn will create more employment opportunities in the Round Rock area.”

Veridia Diagnostics will be located in a 36,000 square foot facility at 106 Old Settlers Boulevard in Round Rock, providing the company with much needed additional space to grow and expand.

Round Rock Mayor Craig Morgan stated, “We are honored that Singulex chose Round Rock as the new location for its clinical lab. They are an excellent addition to our growing bioscience industry and we will do our part in continuing to foster a business climate that helps to propel economic growth across the state.”

“The future of the bioscience sector is strong in Round Rock, and we are thrilled that Singulex chose our community,” said Ben White, Round Rock chamber’s vice president of economic development. “We will continue to work very closely with them during the transition and look forward to witnessing their success in Texas.”

The chamber worked with Brent Campbell, commercial broker of Don Quick & Associates, Inc. to find a great location for Singulex.

About Singulex, Inc.

Singulex is an immunodiagnostics company at the forefront of Single Molecule Counting technology, a new immunoassay technology recognized for unprecedented ultra-sensitivity in the precision measurement of biomarkers.  Singulex is the developer of the Sgx Clarity System, a fully-automated, in vitro diagnostics platform powered by Single Molecule Counting technology.  With up to 1,000 times more sensitivity than existing technologies, Single Molecule Counting reveals the presence or absence of disease more clearly and definitively than was possible before.  Assays to detect and rule out cardiac, infectious, and inflammatory diseases are in development.  Singulex is also developing a point of care platform and exploring applications beyond the clinical setting.  For more information, please visit www.singulex.com.

About the Round Rock Chamber

The Round Rock Chamber is one of the largest and most active business organizations in Central Texas. Its approximately 1,000 investors collectively employ more than 25,000 people in the area. It is also the region’s only accredited chamber by the U.S. Chamber of Commerce. For more information, visit www.roundrockchamber.org.