Used in pharmaceutical research as a key intermediate in the synthesis of bioactive compounds targeting inflammatory pathways. Shows potential in the development of anti-cancer agents due to its ability to modulate enzyme activity involved in cell proliferation. Also employed in studies exploring its antioxidant properties, where it helps reduce oxidative stress in cellular models. Its structure allows for derivatization to enhance solubility and bioavailability in drug design. Investigated for use in dermatological formulations for its skin-protective effects against UV-induced damage.