Ophiobolin B is primarily studied for its potential in agricultural applications due to its phytotoxic properties. It has shown effectiveness in inhibiting the growth of certain plant pathogens, making it a candidate for developing natural herbicides. Additionally, research explores its role in inducing apoptosis in cancer cells, highlighting its potential in anticancer therapies. Its unique mechanism of action also makes it a subject of interest in biochemical studies to understand cellular processes and stress responses.