Controlled‐release technology for drug delivery applications is designed to target the drug to particular places or cells in the body and to control the duration and level of the drug in the body within a specified therapeutic window. Controlled‐release dosage forms provide sustained drug release and require less frequent drug loading than conventional forms. This article presents a review of manufacturing methods for the application of coating materials on tablets, characterization methods used to evaluate tablet coatings, techniques used for manufacturing asymmetric‐type membranes, and modeling approaches employed for optimization of the tablet coating formulations.