This document reviews the design and synthesis of magnetic nanoparticles for applications in gene and drug delivery. It discusses the key components of magnetic nanoparticles, including the magnetic core, protective coating, and surface functionality to attach therapeutic agents. Several common synthesis methods for magnetic nanoparticles are described, such as co-precipitation, reverse micelle synthesis, and thermal decomposition. The document focuses on iron oxide-based magnetic materials like magnetite and maghemite that are relatively non-toxic and suitable for biomedical applications. In vitro and in vivo experiments using magnetic nanoparticles for targeted drug and gene delivery are also discussed.