Used in pharmaceutical research for its antioxidant and anti-inflammatory properties. Shows potential in neuroprotective applications, particularly in studies related to neurodegenerative diseases like Alzheimer's. Also investigated for its role in modulating cellular signaling pathways involved in apoptosis and cell survival. Exhibits estrogenic activity, making it relevant in hormone-related therapeutic research. Commonly used as a reference compound in metabolic and enzymatic assays due to its stable radical-scavenging behavior.