The pyrazolopyrimidine ribosides formycin A and formycin B constitute an important class of nucleoside analogs (C-nucleosides) which, rather than having the usual C-N bond in the ribosidic linkage, are linked by a carbon-carbon bond (7,29). As a result of this structural modification, these antibiotics are hydrolytically stable and possess very useful biochemical and medicinal properties, including antivirus and anticancer (7,15,25,29). Earlier biochemical studies with these analogs have indicated that unlike formycin A and other adenosine analogs (e.g., toyocamycin and tubercidin), formycin B, which is an analog of inosine, is not phosphorylated in cells (31). However, formycin B has been reported to be a good inhibitor of human purine nucleoside phosphorylase (6,26,28)