Used in pharmaceutical research for its antioxidant and anti-inflammatory properties. Shows potential in the development of treatments for neurodegenerative diseases due to its ability to cross the blood-brain barrier and protect neuronal cells from oxidative stress. Also investigated for anticancer activity, particularly in inhibiting the growth of certain tumor cell lines. Found in some natural product-based drug discovery programs as a flavonoid derivative with enhanced bioavailability and stability. Additionally, used as a reference compound in analytical studies involving polyphenolic compounds.