The invention relates to a dispersion suitable for use as coating agent and binder for pharmaceutical forms, having a solids content of 10-70% by weight consisting of

  • a) from 90 to 99% by weight of a methacrylate copolymer consisting of at least 90% by weight of (meth)acrylate monomers containing neutral radicals and having a glass transition temperature Tg of from -20 C. to +20 C. as determined by the DSC method, and
  • b) 1-10% by weight of a nonionic emulsifier having an HLB of from 15.2 to 17.3.
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