We report on the formation and characterization of a biocompatible microemulsion (ME) system composed of lecithin (L), Triton X-100 (T) as the surfactant(s), butyl lactate (BL) as the cosurfactant, and isopropyl myristate (IPM) as the oil phase and water. Detailed phase construction reveals that mixing of surfactants (L and T) produces larger single-phase ME region compared to L. In the mixed surfactant systems, a three-phase body appears which is otherwise not obtained in the single surfactant counterparts signifying the synergistic solubilization behaviour upon mixing. The maximum solubilization capacity decreases as the content of T increases in the mixture. Viscosity, conductance and adiabatic compressibility measurements of the single-phase ME systems at a constant amphiphile concentration (80 % w/w) show a linear trend with increasing water content revealing a droplet-type structure of all the …