This document summarizes key concepts about allosteric drug effects. It defines important terminology like alpha, beta, and cooperativity. It explains that allosteric molecules can bind to sites on proteins and induce conformational changes that affect the protein's activity. This allows allosteric drugs to have unique effects compared to orthosteric drugs, including modulating but not fully activating or inhibiting receptor function. The document also describes how to detect and quantify allosteric effects using models to fit binding data.