Used in skincare formulations for its anti-inflammatory and antioxidant properties, helping to soothe irritated skin and reduce signs of aging. Commonly found in anti-aging creams, serums, and lotions targeting fine lines and uneven skin tone. Also investigated for potential antitumor activity in pharmaceutical research, particularly in studies involving melanoma and other cancer cell lines. Acts as an intermediate in the synthesis of bioactive triterpenoids with enhanced therapeutic effects. Employed in natural product extraction processes to develop standardized botanical extracts for cosmetic and medicinal use.