Used in the synthesis of bioactive compounds, particularly in medicinal chemistry for developing potential therapeutic agents. It serves as a key intermediate in the production of lignan derivatives, which exhibit antioxidant, anti-inflammatory, and anticancer properties. Its unique structure makes it valuable in creating molecules that target specific biological pathways, aiding in drug discovery and development. Additionally, it is utilized in research to study the structure-activity relationships of natural products, contributing to the understanding of their pharmacological effects.