Polymeric drug delivery systems are used to improve aqueous solubility and photostability. Camptothecin (CPT) is a plant alkaloid that is practically insoluble in water and photosensitive. In this study, PAMAM-Poloxamer dendrimers were synthesized and characterized by FT-IR and 1HNMR. Their cytotoxicity was investigated by MTT assay . The potential of PAMAM-poloxamer dendrimers as drug carriers of CPT by improving aqueous solubility and photostability was researched. The results showed that PAMAM-Poloxamer dendrimers exhibited lower toxicity in comparison with PAMAM., and could increase the solubility and photostability of CPT. These studies indicated that PAMAM-poloxamer dendrimers might be considered as a new drug carrier.