This document provides an overview of nanoparticles including their classification, methods of preparation, evaluation, advantages, disadvantages, and applications. Nanoparticles are particles between 1-100 nanometers in size that can be classified based on their dimensions. They can be prepared using various methods such as micellar nucleation, polymerization, or dispersion polymerization. Nanoparticles are evaluated based on parameters like particle size, molecular weight, structure, and in vitro drug release profile. They provide benefits like targeted drug delivery and reduced toxicity but also have challenges like particle aggregation and limited drug loading. Nanoparticles have potential applications in drug delivery.