Aqueous solutions of osmium tetroxide (OsO 4) have been injected into arthritic knees for the past 45 years to chemically destroy diseased tissue, in a procedure termed “chemical synovectomy.” Arthritis is an inflammatory disease. The primary inflammatory chemical species are the superoxide anion radical (O 2 − ) and nitric oxide ( NO), which combine to form the peroxynitrite anion (ONOO −). Here we show that OsO 4 does not react with ONOO − but very efficiently catalyzes the dismutation of O 2 − to O 2 and H 2O 2. Using the pulse-radiolysis technique, the catalytic rate constant has been determined to be (1.43 ± 0.04) × 10 9 M −1 s −1, independent of the pH in the 5.1–8.7 range. This value is about half that for the natural Cu,Zn-superoxide dismutase (Cu,Zn-SOD). Per unit mass, OsO 4 is about 60 times more active than Cu,Zn-SOD. The catalytically active couple is Os VIII/Os VII, Os VIII oxidizing O 2 − to O 2 with a bimolecular rate constant of k = (2.6 ± 0.1) × 10 9 M −1 s −1 and Os VII reducing it to H 2O 2 with a bimolecular rate constant of (1.0 ± 0.1) × 10 9 M −1 s −1. Although lower valent osmium species are intrinsically poor catalysts, they are activated through oxidation by O 2 − to the catalytic Os VIII/Os VII redox couple. The Os VIII/Os VII catalyst is stable to biochemicals other than proteins and peptides comprising histidine, cysteine, and dithiols.