The tree is a source of the anticancer drug paclitaxel and it also has usage for coating of stents (anti-angiogenesis), Alzheimers, multiple-sclerosis and polycystic kidney disease. The value of a single tree can be estimated from the fact that a 20-year-old tree can yield up to 30 kg of leaves and 5 kg of bark, which in turn produces 4 gm of taxol, which is priced at Rupees 3 lakh.
The huge demand has taken its toll, leading to almost near disappearance of the tree from the state. Leading researches from the Rajiv Gandhi University in Itanagar have stressed on conservation of the trees for the welfare of humankind. They suggested systematic strategies through larger community awareness, community participation, financial and infrastructural assistance and adequate remuneration in order to preserve the trees.