Oleanolic acid derivative 2 is widely utilized in the pharmaceutical industry due to its potent anti-inflammatory, hepatoprotective, and antioxidant properties. It is commonly incorporated into formulations aimed at treating liver disorders, such as hepatitis and cirrhosis, by reducing oxidative stress and promoting liver cell regeneration. It also shows potential in managing diabetes by helping to balance blood sugar levels. Additionally, its anti-cancer potential is being explored, as it has shown efficacy in inhibiting the proliferation of certain cancer cells. In cosmetic applications, this derivative is used in skincare products to enhance skin barrier function, reduce inflammation (beneficial for conditions like eczema and acne), and combat aging by protecting the skin from free radical and environmental damage, thereby reducing wrinkles.