People often cite the fact that emulsifiers like kolliphor el will cause hypersensitivity reactions and use to justify liposomal delivery as an alternative. However, stable liposomes that evade RES use PEG, which is also documented to cause hypersensitivity. Since liposomes are significantly more expensive to produce than O/W emulsions for example, I don't see what the big deal is? I tested the size of a 1100 MW drug in ethanol:kolliphor 1:1 diluted in water today and saw it makes uniform (PdI< .1) droplets about 13nm. Compared to a liposomal formulation of the same drug, which is ~90nm and same PdI. Isn't smaller better? Isn't the microemulsion still "technically" a nanosize delivery system? Or would the field define this as "free" drug? Because it's not really free, is it? It's trapped in a droplet of oil. 

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