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Fenofibrate is a fibrate lipid regulating agent used for the treatment of hypertriglyceridemia and hypercholesterolemia. It reduces high plasma concentration of triglycerides and cholesterol to a normal level. Fenofibrate a BCS (The Biopharmaceutical Classification System) class II drug is characterized by a good permeability but a low oral bioavailability due to the poor solubility in an aqueous environment. Modification of the delivery system presents a promising solution to improve dissolution behavior of such poorly soluble drugs.