Widely used in biomedical research as a potent immunomodulatory and anti-inflammatory agent. It functions by enhancing the degradation of specific transcription factors involved in inflammation and cell proliferation, making it valuable in studying cancer pathways, particularly multiple myeloma. Commonly employed in cellular assays to probe protein homeostasis and ubiquitin-proteasome system activity. Also serves as a key intermediate in developing targeted protein degraders such as PROTACs due to its ability to bind E3 ubiquitin ligases. Its mechanism supports therapeutic research in autoimmune diseases and oncology.