Prostaglandins are lipid compounds derived from fatty acids that have a wide range of physiological effects in the body, particularly in the context of labor and parturition. They play a crucial role in regulating various processes such as inflammation, pain sensation, and the contraction of smooth muscle, especially in the uterus during childbirth. These compounds are produced at the site of action and influence numerous functions related to pregnancy, including cervical dilation and the initiation of labor.