Used in the synthesis of pharmaceutical intermediates, particularly in the development of compounds with potential neuroprotective and anti-inflammatory properties. Its structure supports activity in modulating cellular signaling pathways, making it valuable in research on neurodegenerative diseases. Also investigated for use in dermatological formulations due to antioxidant effects, contributing to cell protection against oxidative stress. Commonly employed in medicinal chemistry for structure-activity relationship studies targeting central nervous system disorders.