The document discusses stability studies of drug formulations. It defines stability as the ability of a drug product to remain within established specifications over time under storage and usage conditions. Stability testing is conducted to determine shelf life, recommended storage conditions, and suitability of packaging. The main types of drug degradation discussed are physical degradation (changes in appearance, solubility) and chemical degradation (hydrolysis, oxidation). Specific examples of each type of degradation are provided.