label: phosphatidylinositol-3,5-bisphosphate phosphatase activity
label_lc: phosphatidylinositol-3,5-bisphosphate phosphatase activity
description: "Catalysis of the reaction: 1-phosphatidyl-1D-myo-inositol 3,5-bisphosphate + H2O = 1-phosphatidyl-1D-myo-inositol phosphate + phosphate."