This compound is primarily studied for its role in biological processes, particularly in the regulation of immune responses and inflammation. It is known to act as a ligand for certain nuclear receptors, influencing gene expression related to immune function. Research suggests it may play a part in modulating autoimmune diseases and inflammatory conditions by affecting the activity of immune cells such as T cells and macrophages. Additionally, it has been investigated for its potential role in cholesterol metabolism and its interactions with liver X receptors, which are involved in lipid homeostasis. Its applications are largely focused on understanding its biological effects and exploring its therapeutic potential in immune-related disorders.