This compound is primarily studied for its potential therapeutic applications due to its structural similarity to naturally occurring polyphenols, which are known for their antioxidant properties. It is being investigated for its ability to scavenge free radicals, which could make it useful in mitigating oxidative stress-related diseases such as neurodegenerative disorders, cardiovascular diseases, and cancer. Additionally, its dual hydroxyl groups on the phenyl rings suggest potential anti-inflammatory and neuroprotective effects, making it a candidate for further research in treating conditions like Parkinson's and Alzheimer's diseases. Its application in cosmetic formulations is also being explored, leveraging its antioxidant properties to protect skin from damage caused by UV radiation and environmental pollutants.