Dextran is a biodegradable, nontoxic biological material commonly utilized in drug delivery systems. In this chapter, we brief the effect of dextran on lung diseases, different drug delivery systems with dextran, and their studies on affected lung. With more research and understanding of dextran and its derivatives, people will be able to more precisely control the sequence of dextran using chemical and biosynthetic methods as needed, as well as modify various structures to improve dextran properties such as hydrophilicity, hydrophobicity, temperature sensitivity, pH sensitivity, and ionic strength sensitivity, allowing dextran and its derivatives to be used in more drug delivery systems. Several polymers have been explored to formulate nano and micro-carriers in recent years. Dextran, a polysaccharide produced by bacterial fermentation, and its derivatives have attracted attention of researchers as an advantageous polymer for developing various particulate and other novel drug delivery systems. Critical attributes of dextran include its natural origin, biocompatibility, biodegradability, muco-adhesiveness, non-immunogenicity, safety, and ability to derivatize to a wide range of chemically modified derivatives with thermo- and pH-responsive behaviors to make it a suitable candidate for developing a wide range of drug delivery armamentarium. This chapter will provide a comprehensive understanding of various aspects related to development of dextran-based drug delivery systems with special emphasis on lung disorders. This will make scientists understand the potential of dextran with respect to its advantages, chemical nature, derivatization for specific properties, prior art related to its application in drug delivery systems, deeper understanding of formulation designing, and future prospects to find therapeutically beneficial approaches in treatment of lung diseases.