This compound is primarily studied for its potential therapeutic applications due to its bioactive properties. It exhibits significant antioxidant activity, making it useful in research focused on combating oxidative stress-related diseases such as neurodegenerative disorders, cardiovascular diseases, and cancer. Its anti-inflammatory properties are also being explored for the development of treatments for chronic inflammatory conditions. Additionally, it has shown promise in studies related to its anticancer effects, particularly in inhibiting the growth of certain cancer cells. Researchers are also investigating its role in enhancing the efficacy of other therapeutic agents when used in combination therapies. Its potential in skincare formulations is being explored due to its ability to protect against UV-induced damage and its skin-soothing properties.