The document discusses cyclodextrins, cyclic oligosaccharides that enhance the solubility of poorly water-soluble drugs through complexation. It highlights their importance in pharmaceutical applications due to their ability to form inclusion complexes with hydrophobic molecules, and also outlines their historical development, synthesis, and various derivatives. Cyclodextrins are utilized across multiple industries including pharmaceuticals, food, and environmental engineering for their solubilizing and stabilizing properties.