Recently, semiconductor nanocrystals, also known as quantum dots, have become very attractive for photoluminescence based sensing approaches due to their unique optical properties like intense photoluminescence with narrow profile, maximum wavelength adjustable by the control of particle size and higher photostability in comparison of conventional organic dyes. Different synthesized nanoparticles were evaluated as photoluminescent probes (as aqueous dispersions) for the determination of captopril, histamine, kanamycin and thyroxine (nonphotoluminescent analytes at room-temperature) avoiding the use of complex chemical derivatization procedures and enabling simple and sensitive quantifications. Thioglycolic acid (TGA) and 2-mercapoprionic acid (2MPA) modified CdTe nanoparticles and L-cysteine modified ZnS nanoparticles were synthesized via the colloid aqueous phase route. Their characterization was made using proper microscopic and spectroscopic methods. The emission intensity of 2MPA-Cdte is greatly enhanced in the presence of captopril. Under optimum conditions, the calibration model (Langmuir binding isotherm) was linear up to 4.8 x 10-4 mol L-1 with equilibrium binding constant of 3.2 x 104 L mol-1 and limit of detection (LOD) of 6.2 x 10-6 mol L-1 (1.3 (micro)g mL-1). Applications in captopril fortified human serum and in pharmaceutical formulations were demonstrated. The photoluminescence of TGA-CdTe nanoparticles was quenched by histamine in a concentration dependent manner (Stern-Volmer model). The linear response covered the concentration range up to 5.7 x 10-4 mol L-1 with LOD of 9.6 x 10-6 mol L-1 (1.1 (micro)g mL-1). The proposed method was used for the analysis of tuna fish. The presence of aminoglycosides enhanced the photoluminescence of the TGA-CdTe nanoparticles (following a Langmuir binding isotherm model). Kanamycin was used as a model aminoglycoside in order to study its effect on the photoluminescence enhancement of TGA-CdTe quantum dots dispersed in aqueous solution. The linear range extended up to 8.2 x 10-7 mol L-1 with LOD of 2.5 x 10-8 mol L-1 (14.2 ng mL-1). Binding constants were calculated for several aminoglycosides indicating that there is a relationship between the number of available primary amino groups and the increasing in photoluminescence. This approach was successfully applied for determination of kanamycin fortified milk and in stream water samples after solid phase extraction using a molecular imprinted polymer produced using a kanamycin template. The photoluminescence intensity of cysteine-ZnS in solution containing cetyltrimethyl ammonium bromide (CTAB) was quenched by thyroxine. The overall quenching followed a Stern-Volmer model with linear response coveing an analyte concentration range up to 4.0 x 10-6 mol L-1. LOD was 6.2 x 10-8 mol L-1 (48.3 ng mL-1). The aqueous dispersion of cysteine-ZnS was used as optical probe for the determination of thyroxine in pharmaceutical formulations and in analyte fortified human saliva.