Euphol acetate is primarily utilized in the field of medicinal research due to its potential therapeutic properties. It has been studied for its anti-inflammatory and anti-cancer effects, showing promise in inhibiting the growth of certain cancer cells. Additionally, it is explored for its role in modulating immune responses, making it a candidate for developing treatments for autoimmune diseases. In traditional medicine, extracts containing this compound have been used for their analgesic and wound-healing properties. Its application in pharmacology continues to be an area of active investigation, particularly in drug development for chronic diseases.