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inositol trisphosphate phosphatase activity

Known as: IP(3) phosphatase activity, IP3 phosphatase activity, inositol-1,4,5-trisphosphate phosphatase 
OBSOLETE. The removal of one of the phosphate groups from an inositol triphosphate to produce an inositol bisphosphate. [GOC:hb]
National Institutes of Health