The monosodium salt of Carbon‐14 labeled paclitaxel (Taxol®) [N3′‐14COPh] 2′‐ethyl carbonate 7‐phosphonooxymethyl ether, was prepared from C‐14 labeled paclitaxel [N3′‐14COPh] in 5 steps. The radiochemical purity of the final product was greater than 99% and the specific activity was 25 μCi/mg. © 1997 John Wiley & Sons, Ltd.