Infl ammation has been discussed for decades as an underlying cause of psychiatric disorders such as major depression (MD) and schizophrenia. Almost a hundred years ago, an anti-infl ammatory therapeutic approach, so-called vaccination therapy, was proposed by Wagner von Jauregg. In schizophrenia and MD, opposite patterns of the type-1 and type-2 immune response seem to be associated with differences in the activation of the enzyme indoleamine 2,3-dioxygenase (IDO) and in tryptophan-kynurenine metabolism. These differences are associated with an imbalance in glutamatergic neurotransmission, which may contribute to an excess of N -methyl-D -aspartate (NMDA) agonism in depression and NMDA antagonism in schizophrenia. In both schizophrenia and depression the immunological imbalance results in increased prostaglandin E 2 (PE 2 ) production and probably also in increased cyclooxygenase-2 (COX-2) expression. Although there is strong evidence for the view that the interactions of the immune system, IDO, serotonergic system and glutamatergic neurotransmission play a key role in schizophrenia and depression, several gaps remain that need to be closed by intense research. Accordingly, anti-infl ammatory or immune-modulating substances might have benefi cial effects in schizophrenia and MD. COX-2 inhibitors have shown encouraging results in animal models. Moreover, during the last decade many clinical studies have been performed with COX-2 inhibitors, mostly celecoxib, in schizophrenia and MD. For ethical reasons, all these studies used an add-on design, i.e. the COX-2 inhibitor was given adjunctive to either antipsychotics (in schizophrenia) or antidepressants (in MD). Although an add-on design is a methodological challenge, favourable effects of COX-2 inhibitors were observed in placebo-controlled double-blind studies in both indications. Meta-analytic studies proved a signifi cant therapeutic effect of COX-2 inhibitors in MD and in early stages of schizophrenia. Other pharmacological approaches based on N. Müller (*) Department of Psychiatry and Psychotherapy , Ludwig-Maximilians University Munich , Nussbaumstr. 7 , 80336 Munich , Germany e-mail: Norbert.Mueller@med.uni-muenchen.de 352 immunological effects are discussed. Anti-infl ammatory and immune-modulating compounds are promising but still need careful further scientifi c evaluation, including clinical studies in larger samples of patients.