Renin substrate, or hypertensinogen, can be properly assayed only in terms of the angiotonin, or hypertensin, formed from it on incubation with renin. The angiotonin so formed is assayed in terms of the rise in blood pressure in an animal on intravenous injection of the angiotonin. In the course of bioassay, the unit of angiotonin is arbitrary and is defined as the amount with presser activity equal to that of 1 mg. of a crude preparation kept for a standard. Assays are performed on dogs. Dogs pretreated by section of the sine-aortic buffer nerves and injection of tetraethyl ammonium chloride are more responsive to angiotonin. In anesthetized dogs so treated, 4 units of the reference standard, intravenously injected, causes an arterial blood pressure rise of 40 to 60 mm. of Hg. Activity of the renin substrate is reported as units of angiotonin formed per gram of substrate. The purification is also followed by ultraviolet absorption of the angiotonin formed. The method described for purification is designed primarily for the preparation of large amounts of renin substrate to be used for the subsequent preparation of angiotonin. Ammonium sulfate fractionations at different acidities are employed, but the most essential step in the procedure is selective acid denaturation. This step removes most of the inactive protein and, also, the angiotonase which destroys angiotonin. Thus both the yield and the purity are greatly increased by this one step.