The melanin-concentrating hormone (MCH) is a vertebrate neuropeptide p
roduced in hypothalamic perikarya whose fibers project to most regions
of the brain and into the spinal cord. Its role as a neurohypophyseal
color-change hormone is peculiar to teleost fish, but recent studies
in mammals suggest that MCH itself; and other peptides derived from th
e same precursor may participate in multiple functions in the central
nervous system, modulating behavior and the perception of sensory info
rmation. Recent hybridization studies in mammals have greatly increase
d our understanding of the response of the MCH system to environmental
factors, such as osmotic challenge, lactation, stress, and changes in
corticosteroid levels. Further studies in lower vertebrates are neede
d to highlight the physiologically important functions that have led t
o the structural conservation of the MCH peptide during vertebrate evo
lution.