Snake venom oligomeric neurotoxins offer several unique examples of modulat
ion of phospholipase A(2) (PLA(2)) activity generated by molecular evolutio
n. This phenomenon was found in evolutionary younger snakes and is probably
common for representatives of the genus Vipera. At present, the best-studi
ed example is the heterodimeric neurotoxin vipoxin from the venom of the so
utheast European snake Vipera ammodytes meridionalis. It is a complex betwe
en a basic strongly toxic PLA(2) and an acidic and catalytically inactive P
LA(2)-like component (Inh). This is the first reported example of a high de
gree of structural homology (62%) between an enzyme and its natural protein
inhibitor. The inhibitor is a product of the divergent evolution of the un
stable PLA(2) in order to stabilize it and to preserve the pharmacological
activity/toxicity for a long time. Inh reduces both the catalytic activity
and toxicity of PLA(2). Vipoxin also illustrates evolution of the catalytic
into a inhibitory function. Vipoxin analogues have been found in the venom
of viperid snakes inhabiting diverse regions of the world. An attempt is m
ade to explain modulation of the toxic function by the three-dimensional st
ructure of vipoxin.