Taraxinic acid is primarily studied for its potential biological and pharmacological properties. It has shown anti-inflammatory and antimicrobial activities in preliminary research, making it a candidate for development in natural medicine and dermatological treatments. The compound may also contribute to plant defense mechanisms, suggesting possible applications in agricultural science as a natural pest deterrent. Due to its structural similarity to other sesquiterpene compounds, it is of interest in the synthesis of bioactive molecules. Research is ongoing to explore its efficacy in therapeutic formulations and its role in modulating cellular responses.