Used primarily in research for its biological activity, particularly in studies related to cancer and cellular signaling. It exhibits antimicrobial and antifungal properties, making it useful in developing preservatives or biocides. Also investigated for its ability to modulate enzyme activity, especially in detoxification pathways involving glutathione S-transferase inhibition. Its long alkyl chain enhances cell membrane permeability, which supports its use in drug delivery studies and as a biochemical tool in molecular biology.