CD23, also known as Fc epsilon RIII, is the "low-affinity" receptor for IgE, an antibody isotype involved in allergy and resistance to parasites, and is important in regulation of IgE levels
The protein encoded by this FCER2 gene is a B-cell specific antigen, and a low-affinity receptor for IgE. CD23 has essential roles in B cell growth and differentiation, and the regulation of IgE production. CD23 also exists as a soluble secreted form, then functioning as a potent mitogenic growth factor. Alternatively spliced transcript variants encoding different isoforms have been described for this gene.