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| Application Area | Description | Benefits | Challenges |
|---|---|---|---|
| Pharmaceuticals | Used in the development of new drugs targeting specific diseases. | High specificity and efficacy in therapeutic applications. | Regulatory approval and long testing phases. |
| Agriculture | Applied as an agrochemical for pest control. | Effective pest management and increased crop yields. | Environmental impact and resistance development in pests. |
| Biotechnology | Utilized in the production of biopharmaceuticals. | Streamlined production processes and lower costs. | Complexity of production and scalability issues. |
| Cosmetics | Incorporated in skin-care products for its beneficial properties. | Enhancement of skin health and appearance. | Consumer safety and formulation challenges. |