Used in biochemical and pharmaceutical research due to its lanostane triterpenoid structure, akin to natural steroid precursors. Exhibits potential anti-inflammatory, immunomodulatory, and anti-cancer properties, including inhibition of growth in certain cancer cell models and modulation of intracellular signaling pathways. Serves as a promising precursor for new drug development. Also investigated for skin health applications, particularly in wound healing, barrier function, cell differentiation, and reducing oxidative stress in skin tissues. Explored for modulating enzyme activity in lipid metabolism and inflammation pathways. Employed as a chemical standard for analyzing herbal extracts, especially lanosteroids from Reishi mushroom (Ganoderma lucidum).