A) it's extremely time-consuming and difficult to capture the mechanism for how organisms act in the middle of the human body in the middle of their lifecycle when we're not even sure what we're looking for, so it's just not been found yet.
B) it might just be safe and cost-effective enough to give people worms temporarily as a treatment instead for now. (I don't know if this is the case, but if they're doing it for a study, the risk profile can't be that bad...)
C) even if we isolate whatever mechanism they have (and can synthesize it readily), it's still an immune modulator, so all the same caveats for steroid creams might apply at any significant dose.