The invention provides a drug of bone-melon extract for injection, mammalian bone peptides and melon seed peptides are extracted, the obtained extracts are mixed according a certain proportion, thus preparing the drug for injection. The invention adopts a special extraction technology to increase the active ingredients, the extraction efficiency is high, and the substances with high molecular weight are reduced to the minimum. The drug of the invention has the effects of regulating bone metabolism, stimulating proliferation of osteoblasts, promoting formation of new bones, regulating calcium and phosphorus metabolism, increasing bone calcium deposition and preventing osteoporosis, thus being used for prevention and treatment for rheumatism, rheumatoid arthritis, osteoarthritis, lumbar and leg pain, fracture trauma repair and other diseases.