Used in pharmaceutical research as a key intermediate in the synthesis of bioactive molecules, particularly those targeting metabolic and inflammatory disorders. Its structural features support antioxidant activity by facilitating free radical scavenging. Employed in the development of derivatives for studying enzyme inhibition, especially in pathways related to oxidative stress. Also explored in dermatological formulations for potential skin-protective effects due to its ability to stabilize reactive oxygen species. Solubility in aqueous and polar organic solvents makes it suitable for formulation in topical and oral delivery systems.