“…In this context, there is compelling evidence that these membrane‐based nanoparticles, more importantly, mesenchymal stem cell‐derived EVs (MSC‐EVs), have undergone tremendous advancements in their utility as biomarkers and therapeutics of various organ conditions such as lung injury/disease (Sharma et al., 2022, Zhao et al., 2022), liver regeneration/injury (Lu et al., 2022, Zhang et al., 2023), bone repair/bone tissue regeneration (Cha et al., 2023, Huang et al., 2023, Warmink et al., 2023), graft‐versus‐host disease (Madel et al., 2023), wound healing (Kim et al., 2023, Las Heras et al., 2022), COVID‐19 induced infection (Chutipongtanate et al., 2022), blood‐brain‐barrier disruption (BBB) (Qiu et al., 2022), and various neurodegenerative disorders (Xu et al., 2022). Studies indicate that these EVs are the primary and fundamental paracrine effectors of MSCs and can effectively replicate the therapeutic properties of MSCs (Kou et al., 2022, Tsiapalis et al., 2023). Herein, we describe the characteristics of MSC‐EVs and factors determining their secretion profile in different cells, emphasizing their therapeutic application and drug delivery potential across different disease models.…”