Used in pharmaceutical research as a structural analog for anti-inflammatory agents, this compound shows potential in modulating pathways related to oxidative stress and inflammation. Its structure supports interaction with enzymes involved in inflammatory responses, making it a candidate for development in treatments targeting chronic inflammatory conditions. Additionally, it has been explored in studies related to neuroprotection due to its phenolic hydroxyl group, which contributes to antioxidant activity. It may also serve as an intermediate in synthesizing more complex bioactive molecules.