The application of supercritical fluid (SF) processing in pharmaceutical re
search is increasing particularly in the field of particle formation for dr
ug delivery systems. The SF processes have benefits over the existing parti
cle formation methods in terms of improved control, flexibility and operati
onal ease. This review highlights the fundamental concepts of fluid phase b
ehaviour and their influence on the various processes involving particle fo
rmation with supercritical fluids. Several phase behaviour systems are disc
ussed to provide an insight into the factors influencing the process paths
and their effects on the characteristics of the particles.