The labelling of a water‐soluble synthetic polyelectrolyte, having anticoagulant activity, has been studied. The polyelectrolyte is derived from cis‐1,4‐polyisoprene and contains N‐sulfate and carboxylate groups. [125I]‐Iodination of the polyelectrolyte, using the Chloramine‐T method and an electrolytic method, resulted in a [125I]‐labelled polyelectrolyte from which release of the label occurred. Resulfation of a partially desulfated polyelectrolyte with a [35S]‐sulfur trioxide trimethylamine complex resulted in a [35S]‐labelled polyelectrolyte which showed no release of the label.