Used primarily in the research and development of pharmaceuticals, it acts as a potent and selective agonist for the PPARα receptor, which plays a key role in regulating lipid metabolism and inflammation. Its application is significant in studying metabolic disorders such as dyslipidemia, diabetes, and cardiovascular diseases. By activating PPARα, it helps in understanding the mechanisms of lipid regulation and the potential therapeutic benefits in treating these conditions. Additionally, it is utilized in preclinical studies to evaluate its efficacy and safety profile for future drug development.