Widely used in medical treatments, this compound serves as a potent anti-inflammatory and immunosuppressive agent. It is commonly applied in managing conditions such as rheumatoid arthritis, severe allergic reactions, asthma, and skin disorders. In ophthalmology, it treats inflammation of the eye, including post-surgical swelling. It is also used in cancer therapy to reduce edema associated with brain tumors and to manage symptoms in palliative care. Due to its strong suppression of immune responses, it plays a role in treating autoimmune diseases and preventing organ transplant rejection. Additionally, it has been utilized in veterinary medicine for similar inflammatory and allergic conditions in animals.