We demonstrate the noncovalent modification of multiwalled carbon nanotubes (MWNTs) immersed in aqueous solution using the ionic-complementary peptide EFK16-II. This modification presumably arises through the interaction between the hydrophobic side of the EFK16-II and MWNT sidewalls and orients hydrophilic functional groups toward the solution phase and enables them to form highly stable dispersions in water. This stability can be attributed to the electrostatic repulsion between self-assembled peptides on the MWNTs. This repulsion as determined by ? potential measurements increases as the pH diverges from the isoelectric point of 6.7 for EFK16-II. This trend is confirmed by dynamic light scattering measurements of the suspensions showing a decrease in their particle size as the ? potential increases. These EFK16-IIMWNT suspensions have been used to modify mica surfaces. Atomic force microscopy and scanning electron microscopy images show that this leads to a uniform distribution of individual modified MWNTs on the mica surfaces. Transmission electron microscopy reveals images of well-dispersed fibers with dimensions similar to those of individual MWNTs. Tissue culture plates previously contacted with EFK16-II-modified MWNTs have been shown to have enough biocompatibility for growth and attachment of cells. The biocompatibility and enhanced electrical conductivity that should result from the modification with these EFK16-IIMWNT suspensions opens up their use in a number of potential biomedical applications such as the design of bioelectrode interfaces and fabrication of biosensors with high sensitivity.