This document discusses the two compartment model for intravenous bolus drug administration. It describes how drugs administered via this route can display biexponential decline from the body as the drug distributes into a central and peripheral compartment. Key parameters of the two compartment model are discussed, including apparent volume of distribution, drug clearance, biological half-life, elimination rate constants, and area under the curve. The two compartment model provides insight into drug absorption, distribution, and elimination kinetics.