Recent studies in human cells and in the yeast Yarrowia lipolytica have sho
wn that peroxisomes consist of numerous structurally distinct subcompartmen
ts that differ in their import competency for various proteins and are rela
ted through a time-ordered conversion of one subcompartment to another. Our
studies have implicated the fusion of small peroxisomal precursors as an e
arly event in the multistep assembly of peroxisomes operating in Y. lipolyt
ica. Newly discovered unexpected roles for peroxisomes in specific developm
ental programs have expanded the remarkable plasticity of peroxisomal funct
ions. Here, we highlight recent discoveries on the highly dynamic nature of
peroxisome assembly and function and suggest questions for future research
in these areas.