Angiogenesis, the phenomenon of generating a new capillary vessels, has a close connection with various diseases 1) such as the growth and transfer of solid cancer, rheumatoid arthritis, diabetic retinopathy, and psoriasis. In 1971, Judah Folkman of the Medical College of Harvard University, U.S.A., suggested the novel concept of treating solid tumors by inhibiting angiogenesis.2) Recent clinical studies on antiangiogenic agents seem to indicate that the problem of tolerance associated with conventional anti-cancer agents could be alleviated, probably by acting directly on the endothelial cells rather than on tumor cells of a living organism.Fifty years ago, Hanson and Eble reported that cultures of a fungus Aspergillus fumigatus (IMI-069714) inhibited Staphylococcus aureus 209 bacteriophage.3) The structure and stereochemistry of the active constituent fumagillin was determined by X-ray crystallographic studies.4) Also, in 1990, Ingber et al. 5) reported that fumagillin (2) showed potent anti-angiogenic activity and inhibited endothelial cell proliferation in vitro and tumor-induced angiogenesis in vivo.6,7) However, the effectiveness of 2 as an inhibitor of tumor growth was limited because it produced severe weight loss as a side effect. Ingber et al. started chemical modification of 2 in an effort to obtain analogues having the potent anti-angiogenic activity of 2 with less toxicity. As a result, one of the semi-synthetic derivatives, TNP-470 (4), has been found to have more potent anti-angiogenic activity and be less toxic compared to 2.8-10) TNP-470 (4) is currently one of the most promising small molecule inhibitors of angiogenesis and is being evaluated in phase III clinical trials as a potential anti-cancer drug. [11][12][13][14] In the course of our search for a new type of anti-angiogenesis inhibitors from cultured broths of soil microorganisms, 5-demethoxyfumagillol (1), a novel anti-angiogenic substance, was obtained by basic hydrolysis of 5-demethoxyfumagillin. 15) In the present paper, we describe the fermentation, isolation, and saponification of 5-demethoxyfumagillin, and structural assignment of 1 by spectroscopic analysis and independent synthesis (Chart 2). In addition, the preparation of a 5-demethoxyfumagillol analogue with a carbamoyl side chain and its anti-angiogenic activity are reported.Chemistry To confirm the structure of 5-demethoxyfumagillol (1), semi-synthetic 1 was synthesized from fumagillol (3) as a starting material. First, oxidation of 3 by the Collins reagent, 16) followed by reductive elimination of the resulting 6-ketofumagillol (5) by treatment with samarium(II) diiodide (SmI 2 ), 17) produced the desired demethoxylated 6-ketofumagillol 6 in 50% yield. Then, stereoselective reduction of ketone 6 with L-selectride (lithium tri-sec-butylborohydride, 1.0 M solution in tetrahydrofuran) furnished 83% yield of the desired 1, along with 13% of epimeric 6-epi-5-demethoxyfumagillol (1). Finally, in order to examine the anti-angiogenic activities of demethoxyfumagillol derivative...