Taking into account that magnetic particles with suitable surface characteristics have a high potential for the use in a lot of in vitro and in vivo applications, in the study is presented the in situ preparation of a core-shell magnetic composite based on the magnetite core and the shell composed from the poly(succinimide)-b-poly(ethylene glycol) copolymer. The average particle size of the synthesized magnetic microspheres is in the range of 6.5-8.8 mu m with a magnetite content of around 11%. The saturation magnetization of the microspheres was found 26.8 emu/g, the magnetic microspheres being characterized by superparamagnetic properties. The particles have combined properties of high magnetic saturation and biocompatibility and interactive functions at the surface through the block copolymer shell. The surface of the magnetic particles has also the possibility for further functionalization or the attachment of various bioactive molecules after the hydrolysis of the succinimide cycle and the resulting carboxylic group. (C) 2010 Elsevier B.V. All rights reserved.