Back-scattering interferometry (BSI) is a label-free, free-solution, small-volume technique used for characterizing binding interactions, which is also relevant to a growing number of biosensing applications including drug discovery. Here we use BSI to characterize the interaction of carbonic anhydrase (CAII) with five well known CAII inhibitors (±sulpiride, sulfanilamide, benzene sulfonamide, dansylamide, and acetazolamide) in the presence of dimethyl sulfoxide (DMSO). Dissociation constants (KD) calculated for each interaction were consistent with literature values previously obtained using surface plasmon resonance (SPR) and fluorescence-based competition assays. Results demonstrate the potential of BSI as a drug-screening tool which is fully-compatible with DMSO and does not require immobilization or labeling, therefore allowing binding interactions to be characterized in the native state. BSI has the potential for reducing labor costs, sample consumption and assay time while providing enhanced reliability over existing techniques.