This The peptide also affects the electrical properties of planar artificial lipid membranes in a unique and specific way: minute concentrations of ALA induce voltage-dependent conductances that mimic the action potential phenomena observed in nerve membranes. These effects were observed by Mueller and Rudin (6) and have been studied also by other groups (7-9). It is now generally believed that several ALA molecules aggregate in the membrane to form ion-conducting channels (8,(10)(11)(12).Despite a number of physicochemical (13, 14), conformational (15-18), and chemical (17-22) studies, the primary structure of ALA remains unknown. Currently, there are two proposed sequences: a cyclic (ALA-c) and an open chain (ALA-o) peptide structure (Fig. 1). The former, proposed by Payne et al. (19), has been confirmed by Ovchinnikov et al. (20), while the latter, proposed by Martin and Williams (21,22), found the support of the Jung group (17). The two proposals agree on a sequence of 15 consecutive residues (3-17 according to ALA-o numbering). In ALA-c the y-carboxyl group of Glu'8 is in amide linkage with Pro2 to form a cyclic structure. In