Bioavailability is the fraction of an administered dose of a drug that reaches systemic circulation. It is 100% for intravenous administration but generally decreases for other routes due to incomplete absorption and first-pass metabolism. There are two types of bioavailability - absolute and relative. Bioequivalence assesses the expected in vivo biological equivalence of two drug preparations and is determined when there is no more than 20% difference in AUC and Cmax between formulations. In vivo bioequivalence studies involve pharmacokinetic and pharmacodynamic methods to measure these parameters from plasma and urine data.