Used in biochemical research to study its antifungal effects, particularly against skin fungi such as Trichophyton spp., making it a candidate for developing topical antifungal agents. It also exhibits anticancer properties by inhibiting microtubule formation, which affects cell division and proliferation, especially in leukemia and hepatoma cells, positioning it as a potential lead compound for cancer therapeutics. Additionally, it is investigated for anti-inflammatory effects, suggesting possible applications in treating inflammatory diseases. Currently limited to laboratory and preclinical studies, not used in clinical medicine.