Widely used in biomedical research for its immunomodulatory and anti-inflammatory properties. Acts as a cereblon E3 ligase modulator, making it valuable in the development of targeted protein degradation therapies, especially in oncology. Commonly employed in studies related to multiple myeloma and other hematological cancers due to its ability to inhibit the proliferation of malignant cells. Also utilized in the synthesis of PROTACs (proteolysis-targeting chimeras) to selectively degrade disease-causing proteins. Its structure serves as a scaffold in designing novel derivatives with enhanced potency and selectivity.