Ac­cel­er­at­ing the trans­for­ma­tion of in­no­va­tions

DR SID­NEY YEE CEO Di­ag­nos­tics De­vel­op­ment Hub & Ex­ec­u­tive Vice Pres­i­dent ETPL, Sin­ga­pore

BioSpectrum (Asia) - - Bio Content -

Dr Sid­ney Yee is the CEO at Di­ag­nos­tics De­vel­op­ment (DxD) Hub and Ex­ec­u­tive Vice Pres­i­dent at Ex­ploit Tech­nolo­gies Pte Ltd (ETPL). A trained chemist and a re­search scholar, Dr Yee works with her team at DxD Hub to productise in­no­va­tive di­ag­nos­tic tech­nolo­gies and leads the A*Star’s incubation and Start-up man­age­ment team.

Not yet four years in the mak­ing, the DxD Hub aims to ac­cel­er­ate the trans­for­ma­tion of in­no­va­tions into clin­i­cally val­i­dated di­ag­nos­tic de­vices that are ready for mar­ket adop­tion.

The hub is al­ready en­gag­ing with close to 100 part­ners in pri­vate and pub­lic sec­tors, and will soon be see­ing real pa­tient im­pact of their first few di­ag­nos­tic solutions. Through im­pact­ful prod­ucts, em­pow­er­ing local en­ter­prises and an­chor­ing global com­pa­nies in Sin­ga­pore, the DxD Hub con­trib­utes to the de­vel­op­ment of an ef­fec­tive di­ag­nos­tic de­vices ecosys­tem in Sin­ga­pore.

Ac­cord­ing to Dr Yee, the ‘busi­ness plan’ of DxD Hub was made pos­si­ble only with the support, trust and col­lab­o­ra­tion of the A*STAR and ETPL lead­er­ship. She adds, “DxD Hub had proven to be such an ag­gre­ga­tor of di­ag­nos­tics com­mu­nity. The busi­ness model of com­mit­ting to the risk-shar­ing and up­side-shar­ing pro­file of build­ing the di­ag­nos­tics solutions to bet­ter lives res­onated well with our part­ners.”

On main­tain­ing bal­ance be­tween her per­sonal and pro­fes­sional life, she says, “Bal­ance can only be done with a lot of un­der­stand­ing and support from fam­ily, as well as proper plan­ning. When work needs to be done at home, it will only be done af­ter fam­ily time. It is ok to have work and fam­ily time at home, I make sure the bound­ary is drawn clearly. I try not to do both at the same time, but al­lo­cate time for each.”

Dr Yee is also the ex­ec­u­tive vi­cepres­i­dent of A*Star’s incubation and start-up man­age­ment di­vi­sion, A*START Cen­tral. How­ever, Dr Yee is not a stranger to start-ups and have been a se­rial en­trepreneur. Prior to join­ing ETPL, she has led and also been in­volved in fund-rais­ing ac­tiv­i­ties for biotech star­tups, which ex­ited through ini­tial pub­lic of­fer­ing (IPO) and ac­qui­si­tion.

Talk­ing about gen­der dis­par­ity in the in­dus­try, she says that while she has been for­tu­nate enough to never have been sub­jected to gen­der bi­ases in her ca­reer, she does be­lieve that women of­ten have self-im­posed lim­i­ta­tions while try­ing to bal­ance ca­reer and fam­ily com­mit­ments and th­ese can have con­se­quences for pro­fes­sional de­vel­op­ment and pro­gres­sion.

“The challenge, if any, would be an in­her­ent one be­cause of the many facets of re­spon­si­bil­ity a woman bears as a mother, wife, daugh­ter, sis­ter and a pro­fes­sional,” she adds.

She sum­mons all en­trepreneurs to be ready to evolve, be hum­ble to learn, and be per­se­ver­ant. She has spe­cial ad­vice to women en­trepreneurs. “Wo­man­hood and ca­reer can co-ex­ist and progress, learn to pri­ori­tise at dif­fer­ent stages”, she says.

Sin­ga­pore’s found­ing fa­ther Lee Kuan Yew, and her own fa­ther closer home, have both been her life’s role mod­els and a source of in­spi­ra­tion while try­ing to keep a pos­i­tive at­ti­tude and in hav­ing the con­vic­tion and con­fi­dence to act in the face of chal­lenges, ad­ver­sity and crit­i­cism. An abil­ity to make a real dif­fer­ence to peo­ple and so­ci­ety through her work is what truly mo­ti­vates her.

DR SID­NEY YEE CEO Di­ag­nos­tics De­vel­op­ment Hub & Ex­ec­u­tive Vice Pres­i­dent ETPL, Sin­ga­pore

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