This document summarizes a seminar presentation on microspheres as a novel drug delivery system. It discusses the needs for microspheres, their ideal characteristics, advantages and disadvantages. It also outlines different methods for preparing microspheres, including solvent evaporation, hot melt microencapsulation, solvent extraction, hydrogel microspheres, and spray drying. The document provides details on the materials and evaluation of microspheres and their applications in marketed formulations.