Nanomedicine (Lond.) (Epub ahead of print) ISSN 1743-5889 part of Review 10.2217/nnm-2017-0102 © 2017 Future Medicine Ltd Initially emerging as a widely used clinical antiparasitic drug, albendazole (ABZ) has been increasingly recognized as an effective anticancer agent due to its outstanding advantage, in other words, low toxicity to normal cells but high effectiveness against parasites and some tumors. The major challenge is its poor water solubility and subsequently low bioavailability. This article thus first reviews the brief achievements in using ABZ to treat parasites and cancers, and summarizes the basic mechanisms of action of ABZ. Then this article critically reviews recent nanotechnological strategies, in other words, formulating/conjugating it with carriers into nanoformulations, in practices of improving aqueous solubility and efficacy in treatment of tumors and parasites. Our expert opinions in this field are provided for more effective delivery of ABZ to treat tumors and parasites in vivo. First draft submitted: 17 April 2017; Accepted for publication: 25 July 2017; Published online: 28 September 2017 Keywords:฀ albendazole฀•฀antiparasite฀•฀anticancer฀•฀nanoformulation฀•฀nanoparticles Parasites and cancer cells have many proper- ties in common [1] . Both can live and pro- liferate unlimitedly in mammals and do not have a regular signaling mechanism. They are able to grow in the absence of exogenous factors, and are resistant to apoptosis with the ability to escape from the immune sys- tem and disseminate around the body [2,3] . They are also recognized as having common antigens [4] . It is interesting to note that some anticancer drugs, such as imatinib, cispla- tin and antifolates, have been used against parasites [2,5–7] , and some antiparasitic drugs, such as manzamine A, suramin, artemisinin and chloroquine, are applicable in cancer therapy [6–9] . Albendazole (ABZ) is an anthelmintic agent from benzimidazole family with a broad spectrum of applications against hyda- tid cysts and neurocysticercosis [8,9] . Initially, ABZ was used for antiparasitic effect in 1973 [10] , and widely used in clinical chemo- therapy for many human cystic echinococco- sis or hydatid diseases. Based on Australian studies conducted in the 20th century, 47% patients with cysts who were treated with ABZ were considered as cured or improved, while European studies, American studies and other publications reported 76.3, 53 and 71.5% cure or improvement, respectively [11] . In addition to cystic or hydatid diseases, ABZ is the first choice therapy for microsporidi- osis in AIDS, ascariasis, enterobiasis, hook- worm infections and neurocysticercosis [12] . According to a WHO report, between 1982, when ABZ was introduced for human use, and 2002 about 1 billion patients received ABZ manufactured by GlaxoSmithKline plc. and a further 200 million received generic products [13] . Recently, ABZ has attracted attention as a potential anticancer agent. The activ- ity against L1210 mouse leukemia cells was reported in 1985 [14] , and Lacey demonstrated cytotoxicity of ABZ against hepatocellu- lar carcinoma cells [15] . Pourgholami et al. Nanoformulations of albendazole as effective anticancer and antiparasite agents Fatemeh Movahedi 1 , Li Li 1 , Wenyi Gu 1 & Zhi Ping Xu* ,1 1 Australian฀Institute฀for฀Bioengineering฀ &฀Nanotechnology,฀The฀University฀ of฀Queensland,฀St฀Lucia,฀QLD฀4072,฀ Australia *Author฀for฀correspondence:฀ Tel.:฀+61฀7฀33463809 gordonxu@uq.edu.au