A detailed study of the quaternary aqueous H+/H2VO4−/H2O2/L-α-alanyl-L-serine (Alaser) system has been performed at 25 °C in 0.150 M Na(Cl) medium, representing the ionic strength of human blood, using quantitative 51V NMR and potentiometric data (glass electrode). Data were evaluated with the computer program LAKE, which is able to treat combined EMF and NMR data. The pKa-values for Alaser were determined as 8.04 ± 0.01 and 3.07 ± 0.01. The errors given are 3σ. In the ternary H+/H2VO4−/Alaser system, two complexes, (H+)p(H2VO4−)q(Alaser)r, having (p, q, r) values (0, 1, 1) and (−1, 1, 1) with log β0,1,1
= 2.42 ± 0.01 and log β−1,1,1
=
−5.80 ± 0.05 explain all data in the pH region 2.5–9.5. Equilibrium conditions are illustrated in distribution diagrams and structure proposals are given based on 1H and 13C NMR investigations. In the quaternary H+/H2VO4−/H2O2/Alaser system, six complexes could be found in addition to all binary and ternary complexes over the pH region 2.6–11.1, four with a V/X/Alaser ratio 1 ∶ 1 ∶ 1 and two with a ratio 1 ∶ 2 ∶ 1 (X = peroxo ligand). The formation of the monoperoxo vanadium species is very slow, requiring up to 10 days for complete equilibrium. Significant decomposition of peroxide occurs only in acidic solutions. Chemical shifts, compositions and formation constants for the six quaternary complexes are given, and equilibrium conditions are illustrated in distribution diagrams. The H+/H2VO4−/H2O2/Alaser/Alahis system, where Alahis denotes L-α-alanyl-L-histidine, was briefly investigated and no mixed ligand species were detected.