This compound is primarily utilized in the field of medicinal chemistry due to its potential biological activities. It has been studied for its antioxidant properties, which make it a candidate for developing therapeutic agents aimed at reducing oxidative stress in the body. Additionally, its structural features suggest it could be effective in inhibiting certain enzymes or pathways involved in inflammatory processes, making it relevant for research in anti-inflammatory drugs. The compound is also explored for its potential role in neuroprotection, where it might help in preventing or slowing down neurodegenerative diseases by protecting neurons from damage. Researchers are investigating its application in designing new drugs that could target specific cellular mechanisms to treat various health conditions.