The function of Ensembl gene identifier ENSG00000151689 (INPP1, inositol polyphosphate-1-phosphatase) is as follows. Mg(2+)-dependent phosphatase that catalyzes the hydrolysis of the 1-position phosphate from inositol 1,4-bisphosphate and inositol 1,3,4-trisphosphate and participates in inositol phosphate metabolism. .