The aim of this work is to apply Solutol
®
HS15 and TPGS to prepare self-assembled micelles loading with ginsenoside Rh
2
to increase the solubility of ginsenoside Rh
2
, hence, improving the antitumor efficacy. Ginsenoside Rh
2
-mixed micelles (Rh
2
-M) were prepared by thin film dispersion method. The optimal Rh
2
-M was characterized by particle size, morphology, and drug encapsulation efficiency. The enhancement of
in vivo
anti-tumor efficacy of Rh
2
-M was evaluated by nude mice bearing tumor model. The solubility of Rh
2
in self-assembled micelles was increased approximately 150-folds compared to free Rh
2
.
In vitro
results demonstrated that the particle size of Rh
2
-M is 74.72 ± 2.63 nm(PDI = 0.147 ± 0.15), and the morphology of Rh
2
-M is spherical or spheroid, and the EE% and LE% are 95.27 ± 1.26% and 7.68 ± 1.34%, respectively. The results of
in vitro
cell uptake and
in vivo
imaging showed that Rh
2
-M could not only increase the cell uptake of drugs, but also transport drug to tumor sites, prolonging the retention time.
In vitro
cytotoxicity and
in vivo
antitumor results showed that the anti-tumor effect of Rh
2
can be effectively improved by Rh
2
-M. Therefore, Solutol
®
HS15 and TPGS could be used to entrapping Rh
2
into micelles, enhancing solubility and antitumor efficacy.