Used in pharmaceutical research for its antioxidant properties due to the presence of phenolic and multiple hydroxy groups, which help scavenge free radicals and reduce oxidative stress in cells. Shows potential in developing treatments for inflammatory diseases by inhibiting enzymes involved in inflammation and oxidative stress, such as cyclooxygenase and lipoxygenase.

Some research indicates potential anti-cancer effects, particularly in inhibiting the growth of certain cancer cells like breast and colon cancer cells, through mechanisms inducing programmed cell death (apoptosis) and inhibiting cell division.

Also studied for use in skin care formulations because of its UV-protective, anti-aging effects, and ability to inhibit melanin production, which helps reduce freckles, age spots, or hyperpigmentation, making it suitable for skin brightening creams and products.

Investigated as a natural derivative for improving stability and efficacy in herbal-based medicines.