While research in MSC exosomes has made stellar progress in the last ten years, much needs to be
done to bring exosomes to market
Dr Lim Sai Kiang is a world-renowned scientist and entrepreneur, whose research on mesenchymal
stem cell (MSC) exosomes has made significant contributions to the field of regenerative medicine.
Founder of two biopharmaceutical A*STAR spin-offs, Dr Lim Sai Kiang’s business focus has been on
exosomes for regenerative medicine and liposomes for skincare.
Under her leadership, one of the spin-offs adopted one of the Critical Quality Attribute (CQA) assays
to conduct a Singapore-approved phase 1 clinical trial on using exosomes for psoriasis. The other
spin-off has licensed proprietary technology to manufacture liposomes, a moisturiser for people
with dry and sensitive skin, at scale.
Despite her business successes, Dr Lim realises her passion still lies in research.
“I’m a scientist, not a business person,” says Dr Lim, Research Director of Exosome and Secreted
Nano-vesicles at A*STAR’s Institute of Molecular & Cell Biology (IMCB). She is also ranked as a Highly
Cited Researcher and recognised as one of the world's most influential scientific minds in 2022.
Her research on mesenchymal stem cell (MSC) exosomes is a labour of love she started more than
10 years ago. Back then, no-one knew what MSC exosomes were. However, through rigorous
scientific enquiry, Dr Lim and her team discovered that these non living cells, which could be derived
from any tissue in our body, were therapeutic.
Unlike stem cells, exosomes cannot replicate. This is good news because it means there is no chance
of them transforming into malignant cells.
“There is a lot of potential with MSC exosomes, and they have shown to be extremely effective
across a wide range of diseases,” says Dr Lim. “We are talking about everything from the heart to the
skin. I’d say MSC exosomes can help almost every disease.”
One of the most significant advantages of MSC exosomes over stem cells is their inability to
replicate. This property is highly desirable, as it eliminates any risk of them turning into malignant
cells, providing a safer option for regenerative medicine.
Still, there is a long way to go before MSC exosomes can be used in pharmaceutical products to
“Our work on MSC exosomes continues, and there is much more work to be done.”
Dr Lim also participates in speaking opportunities to share her knowledge and passion. In March
2023, Dr Lim spoke at a public workshop by the US Food and Drug Administration (FDA) on advanced
manufacturing and analytic technologies in regenerative medicine therapies, where she shared
specialised knowledge to FDA review staff and cell and gene therapy stakeholders. Her calendar
continues to be filled with many such international engagements.
“I’ve been very involved in getting the global exosome community to agree on international
manufacturing standards. The process must be rigorous, and we meet to identify problems, take
stock and work on the next steps,” Dr Lim shares.