The statement that the placenta produces its own gonadotropin, estrogen, progesteron and corticoid, has been generally accepted. Recently prolactin, ACTH and TSH-like hormone productions have also been attributed to it, but the existence of somatotropic hormone (=STH), a hormone that has come into attention only very recently, in the placenta has been suspected but not yet definitively demonstrated.It has been ascertained by much research that STH is secreted from the anterior pituitary lobe, in particular, from the eosinophilic cells (a cells). But the questions of whether it can be extracted from other tissue or humor, how its content is, if present in such organs and tissues, how it is affected by the physiologically specific condition of pregnancy, and what is the physiological significance of such a change of the content are yet unanswered. In order to clarify these problems, the author tried extraction of STH-like hormone from human placenta of the early, middle and later stages of pregnancy, the plasma of pregnant and post-puerperal women, umbilical cord blood, amniotic fluid and urine of newborns, as well as from the plasma of a female dwarf with diabetes mellitus.