Volume 5 presents recent research on both planar lipid bilayers and liposomes based on their historic and experimental realization. "Advances in Planar Lipid Bilayers and Liposomes", Volume 5, continues to include invited chapters on a broad range of topics, covering both main arrangements of the reconstituted system, namely planar lipid bilayers and spherical liposomes. The invited authors present the latest results in this exciting multidisciplinary field of their own research group. Many of the contributors working in both fields over many decades were in close collaboration with the late Prof. H. Ti Tien, the founding editor of this book series. There are also chapters written by some of the younger generation of scientists included in this series. This volume keeps in mind the broader goal with both systems, planar lipid bilayers and spherical liposomes, which is the further development of this interdisciplinary field worldwide. It includes contributions from newcomers and established and experienced researchers. It explores theoretically and experimentally the planar lipid bilayer systems and spherical liposomes. This volume is dedicated to mark the Bilayer Lipid Membranes 45th anniversary.