Used in pharmaceutical research for its anti-inflammatory and antioxidant properties. Shows potential in cancer studies due to its ability to inhibit the growth of certain tumor cells. Investigated for use in neuroprotective agents, helping to protect nerve cells in conditions like Alzheimer's and Parkinson’s disease. Also explored in skincare formulations for its capacity to reduce oxidative stress and UV-induced skin damage. Exhibits antimicrobial activity, making it a candidate for development in antibacterial and antifungal treatments.