What is claimed is: 1. A composition comprising an isolated human Arginase I and a non-native metal cofactor, wherein the non-native metal cofactor is cobalt and the protein displays a kcat/Km for the hydrolysis of arginine between 400 mM.sup.-1 s.sup.-1 and 4,000 mM.sup.-1 s.sup.-1 at pH 7.4, further wherein the human Arginase I has an amino acid sequence .[.as encoded by.]. .Iadd.consisting of .Iaddend.SEQ ID .[.NO: 1.]. .Iadd.NO:13, with or without an N-terminal methionine.Iaddend., the composition being at physiological pH. .[.2. The composition of claim 1, wherein the amino acid sequence lacks an N-terminal methionine..]. .[.3. The composition of claim 1, wherein the human Arginase I is covalently linked to polyethylene glycol..]. 4. A pharmaceutical formulation comprising the composition of claim 1 and a pharmaceutically acceptable excipient and at physiological pH. 5. The formulation of claim 4, wherein the human Arginase I is covalently linked to polyethylene glycol. .Iadd.6. A composition comprising an isolated human Arginase I and a non-native metal cofactor, wherein the non-native metal cofactor is cobalt and the protein displays a kcat/Km for the hydrolysis of arginine between 400 mM.sup.-1 s.sup.-1 and 4,000 mM.sup.-1 s.sup.-1 at pH 7.4, further wherein the human Arginase I has an amino acid sequence consisting of SEQ ID NO:13, with or without an N-terminal methionine, and is covalently linked to polyethylene glycol, the composition being at physiological pH. .Iaddend. .Iadd.7. A pharmaceutical formulation comprising the composition of claim 6 and a pharmaceutically acceptable excipient and at physiological pH. .Iaddend. .Iadd.8. The composition of claim 6, wherein the PEG is PEG-5000. .Iaddend. .Iadd.9. The composition of claim 6, wherein the arginase is not glycosylated. .Iaddend. .Iadd.10. The formulation of claim 7, wherein the PEG is PEG-5000. .Iaddend. .Iadd.11. The formulation of claim 7, wherein the arginase is not glycoslyated. .Iaddend. |