Used in pharmaceutical research as a precursor or intermediate in the synthesis of bioactive compounds, particularly those targeting neurological and cardiovascular systems. Shows potential in the development of drugs for neurodegenerative disorders due to its structural similarity to natural neuroprotective agents. Also investigated for antioxidant properties, making it relevant in formulations aimed at reducing oxidative stress. Employed in glycoside metabolism studies, helping to understand enzyme mechanisms involving glycosidic bond cleavage. Its solubility and stability profile make it suitable for use in aqueous-based delivery systems.