The effects of substrate, product, and inhibitor (mycophenolic acid) binding on the conformation and stability of hamster type II inosine 5-monophosphate dehydrogenase (IMPDH) have been examined. The protein in various states of ligand occupancy was compared by analyzing susceptibility to in vitro proteolysis, the degree of binding of a hydrophobic fluorescent dye, secondary structure content as determined by far-UV circular dichroism spectra, and urea-induced denaturation curves. These analysis methods revealed consistent evidence that IMPDH undergoes a local reorganization when IMP or XMP bind. NAD ؉ produced no such effect. In fact, no evidence was found for NAD ؉ binding independently of IMP. It is proposed that IM-PDH adopts an open conformation around its nucleotide binding sites in the absence of substrates and that binding of IMP stabilizes a closed conformation that has a higher affinity for NAD ؉ . The data also suggest the enzyme remains in the closed configuration throughout the catalytic steps and then reverts to the open conformation with XMP release, thereby consummating the enzyme cycle. Mycophenolic acid inhibition appeared to impart even greater stability. We propose that localized conformational changes occur during the normal and mycophenolic acid-inhibited reaction sequences of IMPDH.Inosine 5Ј-monophosphate dehydrogenase (IMPDH; 1 EC 1.1.1.205) catalyzes the conversion of IMP to XMP, the committed step in the de novo biosynthesis of guanine nucleotides (1-4). Now partially characterized from many organisms, IMPDH is well conserved with 35% or more sequence identity from bacterial and protozoan to human proteins (5, 6). Since the enzyme appears to be necessary for cellular replication, some view it as an attractive target for anti-microbial chemotherapy; however, others have recognized further therapeutic possibilities for IMPDH inhibition.Human and hamster possess two closely related isoenzymes (designated types I and II). In both species the isoforms share 84% (of 514 residues) sequence identity (5).2 The existence of similar isoenzymes in mammals suggests a subtle distinction of roles. Many studies have shown that IMPDH activity is elevated in tumors and other actively proliferating tissues (3,4,(7)(8)(9)(10)(11)(12)(13)(14)(15). In some cases the elevated activity seems to stem from induction of the type II isoenzyme (9, 11, 12), although similar up-regulation of both isoforms in activated T-lymphocytes has also been reported (14). These observations suggest that inhibition of IMPDH, or perhaps selective inhibition of individual isoforms, has potential for immunosuppressive or anti-neoplastic therapies. Indeed, inhibition of IMPDH in cultured cells results in decreased guanine nucleotide levels. Ultimately, this leads to the induction of differentiation in neoplastic cells (8) and the suppression of lymphocyte activation (16).Mycophenolic acid (MPA), an uncompetitive inhibitor of IMPDH that was originally identified in certain Penicillium cultures (17), is a potent immunosuppressant, bot...