Bioavailability
To get from the lumen of the small intestine into the systemic circulation a drug must not only penetrate the intestinal mucosa; it must also run the gauntlet of enzymes that may inactivate it in gut wall and liver. The term bioavailability is used to indicate the proportion of drug that passes into the systemic circulation after oral administration, taking into account both absorption and local metabolic degradation.
It is a convenient term for making bland generalisations, but the concept creaks badly if attempts are made to use it with quantitative precision, or even to define it* One problem is that it is not a characteristic soley of the drug preparation: variations in enzyme activity of gut wall or liver, in gastric pH or intestinal motility, all affect it.
Because of this, one cannot speak strictly of the bioavailability of a particular preparation, but only of that preparation in a given individual on a particular occasion. Even with these caveats, the concept is of limited use because it relates only to the total proportion of the drug that reaches the systemic circulation, and ignores the rate of absorption....
* The definition of bioavailability offered by the US food and drug administration is : 'The rate and extent to which the theraputic moiety is absorbed and becomes available to the site of drug action'. You may be forgiven for finding this confusing. The double use of 'and' gives the definition four possible meanings, two of which are obfuscated by the uncertain meaning of the phrase 'becomes available to the site of drug action'.