Catalyzes the ATP dependent decarboxylation of (R)-5-diphosphomevalonate to form isopentenyl diphosphate (IPP). Functions in the mevalonate (MVA) pathway leading to isopentenyl diphosphate (IPP), a key precursor for the biosynthesis of isoprenoids and sterol synthesis.
Subcellular locations: Cytoplasm
Expressed in heart, skeletal muscle, lung, liver, brain, pancreas, kidney and placenta.