Cytochrome P450 refers to a large family of enzymes that play a crucial role in the biotransformation and metabolism of various substances in the body, including drugs, toxins, and endogenous compounds. These enzymes are primarily found in the liver and are responsible for oxidative reactions that modify chemical structures, making them more water-soluble and easier to excrete. This process is vital for detoxifying harmful substances and can also influence the efficacy and safety of medications.