A Mr 35,000 protein with follicle-stimulating hormone release-inhibitory activity was isolated from porcine ovarian follicular fluid by heparin-Sepharose affinity chromatography, gel fitration on Sephacryl S-200, and multiple steps of high-performance liquid chromatography. The isolated molecule is highly enriched in cysteines and is composed of a single polypeptide chain. In addition, it has no sequence homology with the previously characterized follicular fluid inhibins, which are heterodimeric proteins of Mr 32,000 with follicle-stimulating hormone release-inhibiting activity. This protein specifically inhibits the basal secretion of follicle-stimulating hormone, but not that of luteinizing hormone, in the rat anterior pituitary monolayer culture system with a halfmaximal effective dose of 2.5-6.0 ng/ml. Another form of the molecule of Mr 32,000 present in much lower concentration in follicular fluid was also isolated. It may differ from the Mr 35,000 form in glycosylation or carboxyl-terminal truncation. We suggest that this compound be called "follistatin" to signify its structural difference from inhibin.Secretion of pituitary follicle-stimulating hormone (FSH) is principally regulated by the hypothalamic hypophysiotropic gonadotropin-releasing hormone and gonadal steroids (1). But for many years the existence of a nonsteroidal, watersoluble factor from the gonad that feeds back on the pituitary specifically to suppress the secretion of FSH has been advocated by many researchers (2); the name "inhibin" was coined in 1932 to describe such a factor (3). However, the search for the elusive inhibin did not succeed until 1985, when two closely related glycoproteins of apparent Mr 32,000, named inhibins A and B, were isolated from porcine ovarian follicular fluid (4-6). Subsequently, a similar Mr 32,000 inhibin was also isolated from bovine ovarian follicular fluid (7,8). Each inhibin was found to be composed of a common Mr 18,000 glycosylated a subunit linked by interchain disulfide bond(s) to either a PA subunit ofMr 14,700 to yield inhibin A or a PB subunit of Mr 14,000 to form inhibin B; the two 13 subunits were closely related but distinct from each other (4). The common a subunit can exist also in a larger molecular form of Mr 44,000 and, in combination with the 13 subunit of inhibin A, can form an inhibin of Mr 56,000 (9).Using partial amino acid sequence information, the messages encoding the a, PA, and PB subunits of porcine inhibin were cloned from an ovarian cDNA library (10) as were the a and PA subunits of bovine inhibin (11). DNA sequence analyses showed that all of the subunits were initially synthesized as large precursor proteins with the mature subunits residing at the carboxyl-terminal portion of the precursors. Surprisingly, the two P subunits, besides being homologous to each other, were found to be structurally related to a homodimeric protein, transforming growth factor ,3, which has totally different biological activities (10). Moreover, in addition to the inhibins, two FSH-releas...