The superfamily of G Protein-coupled Receptors (GPCRs) comprises a majority of cell surface receptors capable of binding various signal molecules, including amino acids and their derivatives, nucleotides, peptides, proteins and odorants. GPCRs play a pivotal role in the regulation of cell growth, differentiation, metabolism, motility, communication, and many other biochemical and physiological events [1-3]. They share the same topology and contain seven helical Transmembrane regions (TM) forming transmembrane channel, extracellular N-terminal Domain (NTD), intracellular C-terminal Domain (CTD), three Extracellular (ECLs) and three intracellular loops (ICLs). The membrane-proximal regions of ICLs interact with heterotrimeric G proteins and β-arrestins, both responsible for activation of the enzymes generating the second messengers and G protein-gated ionic channels. In a majority of GPCRs the second and third ICLs are involved in the interaction with G-proteins and the third ICL and CTD with β-arrestins. ECLs, primarily the second ECL, are responsible for the recognition of ligand and are involved in the formation of high affinity orthosteric site located in the transmembrane channel of receptor.