Used in pharmaceutical research for its anti-inflammatory and antioxidant properties. Shows potential in developing treatments for neurodegenerative diseases due to its neuroprotective effects. Also investigated for antiviral activity, particularly against certain RNA viruses. Applied in photodynamic therapy as a photosensitizer because of its fluorescence under UV light. Found in some cosmetic formulations for skin protection and brightening effects. Studied for use in agricultural chemicals as a natural pesticide enhancer due to its ability to influence plant enzyme activity.