IPA: /ˌɛksoʊˈtɑɪkən/
KK: /ɛkˈsoʊtaɪn/
A harmful substance made by a microorganism that is released into its environment and can cause illness.
The scientist studied the effects of exotoxin on human cells.
Exotoxin is formed from "exo-" (meaning outside) and "toxin" (from Greek "toxikon", meaning poison). The word refers to a poison that is produced outside of the organism, typically by bacteria, and can cause harm when introduced into the body.
Think of 'outside' ('exo-') and 'poison' ('toxin') to remember that an exotoxin is a poison that comes from outside the organism.