The document provides an overview of the Biopharmaceutics Classification System (BCS). The BCS classifies drugs into four classes based on their aqueous solubility and permeability characteristics. Class I drugs are highly soluble and permeable. Class II drugs are highly permeable but poorly soluble. Class III drugs are highly soluble but poorly permeable. Class IV drugs exhibit low solubility and permeability. The BCS is used to guide drug product development and determine if in vivo bioequivalence studies can be waived based on in vitro dissolution testing.