Cerevisterol is primarily studied for its biological activity, particularly its potential as an antifungal and antimicrobial agent. It has shown inhibitory effects against various pathogenic fungi, making it a candidate for development in antifungal therapies. Additionally, cerevisterol exhibits anti-inflammatory and immunomodulatory properties, which are being explored in the context of treating chronic inflammatory conditions. Research also indicates cytotoxic activity against certain cancer cell lines, suggesting possible applications in oncology drug development. Its natural occurrence in fungi and plants supports interest in its role as a lead compound for pharmaceuticals.