Crystal structures of the Ser/Thr phosphatase calcineurin (protein pho
sphatase 2B) have recently been solved by X-ray crystallography, both
in the free-protein state, and complexed with the immunophilin/immunos
uppressant FKBP12/FK506. Core elements of the calcineurin phosphatase
have been found to be similar to the corresponding elements of Ser/Thr
phosphatase 1 and purple acid phosphatase. The structures provide a b
asis for understanding calcineurin inhibition by a ternary complex of
immunophilin and immunosuppressant proteins.