Used in pharmaceutical research for its anti-inflammatory and cytotoxic properties. Shows potential in development of anticancer agents due to activity against certain tumor cell lines. Also investigated for antimicrobial effects, particularly against gram-positive bacteria. Found in some medicinal plants, it serves as a marker compound in phytochemical studies and quality control of herbal formulations. Its structural features make it a candidate for derivatization to enhance bioavailability and therapeutic efficacy.