Publisher Summary At the beginning of this century, Contejean, Morawitz, and others recognized that thrombin gradually lost activity when added to defibrinated plasma or serum. On the basis of these data, they surmised that a specific inactivator of the proteolytic enzyme antithrombin must be present under physiological conditions. In 1916, McLean isolated heparin from the liver, as well as the heart, and demonstrated its potent anticoagulant properties. Confusion about its inhibitory effect on purified proeoagulants was resolved in 1939 by Brinkhous et al., who showed that heparin was effective as an anticoagulant only in the presence of a plasma component, which they termed heparin cofactor. In the 1950s, the kinetic studies of Waugh and Fitzgerald and Monkhouse et al indicated that plasma antithrombin activity and plasma heparin cofactor activity are intimately related. These investigators suggested that heparin acts to accelerate the rate at which antithrombin neutralizes thrombin. This chapter surveys current methods of assaying for antithrombin–heparin cofactor and provides a variety of techniques for isolating this inhibitor from human, rabbit, and canine plasma. In addition, this communication describes, in some detail, the specificities and properties of this plasma protease inhibitor. It elaborates on several assay methods, as well as the purification procedures.