Used in research for its potential neuroprotective properties, particularly in studies related to neurodegenerative diseases such as Alzheimer's and Parkinson's. Shows activity in promoting neurite outgrowth, which may support nerve regeneration. Investigated for its role in modulating cellular signaling pathways involved in neuronal survival and differentiation. Also serves as a structural template in the synthesis of analogs for drug development in neuroscience. Additionally, exhibits antioxidant and antimicrobial activities, with potential applications in health products, cosmetics, and agricultural formulations.