Used in advanced organic synthesis as a specialized epoxidation reagent, particularly in the construction of complex polyene structures found in natural products and bioactive molecules. Its conjugated pentaene system with multiple epoxy groups allows for selective ring-opening reactions, enabling the formation of stereodefined oxygen-containing functional groups in pharmaceuticals and agrochemicals. It serves as a building block in the synthesis of terpenoids and other polycyclic compounds where precise control over stereochemistry and chain length is critical. Due to its sensitivity and reactivity, it is handled under inert conditions and primarily employed in research settings for developing novel synthetic pathways.