The objective of the study was to formulate and evaluate Atorvastatin Calcium (AC), polymeric micelles (PMs), an antilipidemic agent by the use of thin film hydration technique. 3 mg of AC and 60 mg of PEG 6000 was taken as optimum amounts as suggested by Historical data design, and predicted particle size (nm), drug loading (%) and encapsulation efficiency (%) were 14.11 nm, 19.98% and 95.5% respectively. Optimized formulation showed a particle size of 15.09 nm, drug loading 20.37% and encapsulation efficiency 94.45%. Smooth surfaced spherical micelles were observed by SEM image. Percentage cumulative drug release from the optimized formulation (F7) was 97.12% at the end of 12 h. The release kinetics for most of the formulations indicated that drug release followed Korsmeyer-Peppas model and Non-Fickian diffusion mechanism. F7 was found to be stable for 3 months. It can be concluded that AC PMs formulation has significantly prolonged the release of the drug up to 12 h. By thin film hydration technique, the drug Atorvastatin calcium was successfully prepared into sustained release PMs.