The role of the gonadotrophins follicle-stimulating hormone (FSH) and
luteinizing hormone and the putative local regulators, activin and fol
listatin, in the control of folliculogenesis is reviewed. An account o
f early work on the development and application of assays for FSH and
inhibin is given, together with a summary of the data on the ovarian r
esponsiveness to gonadotrophin and follicular atresia. Models for stud
ying local regulation of granulosa cells in vitro are described and th
e data from these experiments reviewed. It is concluded that activin h
as a role in the development and maintenance of healthy oestrogenic fo
llicles, preventing premature luteinization, whereas follistatin oppos
es these effects of activin and promotes luteinization or atresia.