β-acetyl-Boswellic Acid is primarily used in the field of medicine due to its anti-inflammatory and anti-cancer properties. It is often incorporated into dietary supplements aimed at reducing inflammation in conditions such as arthritis, asthma, and inflammatory bowel disease. Additionally, its potential to inhibit the growth of cancer cells has made it a subject of interest in oncological research. The compound is also explored for its neuroprotective effects, which could be beneficial in treating neurodegenerative diseases like Alzheimer's. In cosmetic formulations, it is sometimes included for its skin-soothing and anti-aging benefits. Overall, β-acetyl-Boswellic Acid is valued for its therapeutic potential across various health and wellness applications.