Breast cancer is a malignant tumor that threatens the life and health of women worldwide. As the first‐line chemotherapy drug for breast cancer, doxorubicin (DOX) can inhibit the synthesis of RNA and DNA, and it exhibits strong inhibitory activity against breast cancer. However, drug‐induced systemic toxicity and drug resistance can occur with DOX treatment. In this work, TSPO protein is identified as a promising target for overcoming drug resistance and we designed a novel BT‐DOX/PDP conjugate to solve these problems in drug chemotherapy. It is found that BT‐DOX/PDP can effectively downregulate TSPO1 protein and sensitize MCF‐7/Adr to DOX. Furthermore, due to its positive charge, BT‐DOX/PDP is readily loaded into puerarin (PUE), the resulting BT‐DOX/PDP@PUE exhibited minimal systemic toxicity but enhanced antitumor activity in animal models, as compared with BT‐DOX/PDP. This study demonstrates the advantages of combined chemotherapy and photodynamic therapy in overcoming drug resistance, which may be applied in the design of other photodynamic therapy‐based conjugates to enhance antitumor therapy.