Used primarily as an anti-inflammatory and immunosuppressive agent, this compound is prescribed for conditions such as rheumatoid arthritis, allergic reactions, and certain skin disorders. It helps reduce swelling, redness, and itching by suppressing the body's immune response. Also utilized in managing respiratory conditions like asthma and chronic obstructive pulmonary disease due to its ability to decrease airway inflammation. In some cases, it supports treatment of autoimmune diseases and prevents organ rejection in transplant patients. Its potency and duration of action make it suitable for short-term therapy where rapid control of symptoms is needed.