Used in research for its potential anti-inflammatory and antioxidant properties. Shows activity in studies related to cancer cell inhibition, particularly in breast and liver cancer lines. Investigated for use in natural product-based drug development due to its structural similarity to bioactive isoflavones. Also explored for phytoestrogenic effects, which may support hormone-related therapeutic applications. Found in certain medicinal plants, it serves as a marker compound in quality control of herbal extracts.