Used primarily to treat lipid disorders, this compound helps lower elevated levels of triglycerides and low-density lipoprotein (LDL) cholesterol while increasing beneficial high-density lipoprotein (HDL) cholesterol. It functions by activating peroxisome proliferator-activated receptors (PPARs), which regulate the expression of genes involved in lipid and lipoprotein metabolism. Commonly prescribed for patients with hypertriglyceridemia or mixed dyslipidemia, it reduces the risk of cardiovascular events in individuals with abnormal lipid profiles. It may also offer benefits in managing metabolic syndrome and type 2 diabetes due to its positive effects on insulin sensitivity and fatty acid oxidation.