Used as a fluorescent probe in biochemical assays due to its natural fluorescence properties, enabling detection of metal ions and reactive oxygen species. Exhibits antioxidant and anti-inflammatory activities, making it valuable in research on oxidative stress-related diseases. Investigated for potential use in pharmaceuticals targeting liver disorders and cancer due to its ability to modulate enzyme activity and inhibit abnormal cell proliferation. Also applied in cosmetic formulations for skin protection against UV-induced damage owing to its photostability and free radical scavenging effects.