Function 1: Heme-dependant peroxidase.
Function 2: Cyclooxygenase. Both isozymes known to have the dual function. Condition: for the cyclooxygenase activities of PGHS-1 and PGHS-2 to function, the heme group at the peroxidase site must undergo a lipid peroxide-dependent oxidation.
Publications (PMID): 8121489, 11413152