The Biopharmaceutical Classification System (BCS) categorizes drug substances based on aqueous solubility and intestinal permeability to aid in drug development and in vivo pharmacokinetics predictions. The FDA guidelines expand the application of BCS and allow for biowaivers—exemptions from costly bioavailability and bioequivalence studies—for certain drug formulations, particularly immediate-release oral dosages that meet specific solubility and permeability criteria. BCS classification comprises four classes, each indicating varying levels of permeability and solubility, ultimately affecting drug absorption and development strategies.