Cyclic nucleotides are second messengers that are essential in vision, musc
le contraction, neurotransmission, exocytosis, cell growth, and differentia
tion. These molecules are degraded by a family of enzymes known as phosphod
iesterases, which serve a critical function by regulating the intracellular
concentration of cyclic nucleotides. We have determined the three-dimensio
nal structure of the catalytic domain of phosphodiesterase 4B2B to 1.77 ang
strom resolution. The active site has been identified and contains a cluste
r of two metal atoms. The structure suggests the mechanism of action and ba
sis for specificity and will provide a framework for structure-assisted dru
g design for members of the phosphodiesterase family.