pKa
For drugs that exist as a weak acid or weak base, an equilibrium exists between charged and uncharged forms of the molecule:
AH ↔ H+ + A– (acid) B + H+ ↔ BH+ (base)
The pKa is the pH at which 50% of the drug is ionised (charged) and 50% is uncharged. The proportion of drug that is charged depends on the pH of the local aqueous environment, on the pKa for that drug, and on whether the drug is an acid or a base. This proportion can be determined with the Henderson-Hasselbalch equation.
The pharmacokinetic importance of this ratio is that generally, only uncharged drug (in this example, either AH or B) can diffuse across cell membranes (lipid bilayers) easily.