This document describes the development and characterization of hydrogel microparticles containing lovastatin for the purpose of enhancing its solubility and bioavailability. Lovastatin is a poorly water soluble drug with low oral bioavailability. β-cyclodextrin and 2-acrylamido-2-methylpropane sulfonic acid (AMPS) were used to synthesize poly(β-CD-g-AMPS) hydrogel microparticles via free radical polymerization. Various formulations with different ratios of β-CD, AMPS, crosslinker and initiator were prepared and tested for drug entrapment efficiency, particle size, swelling, and in vitro drug release. The lovastatin loaded microparticles showed up to 9.37