Interest from pharmaceutical companies has created a third market for Frankincense. Since ancient times, it has been used in folk medicine for its antiseptic, antiarthritic and anti-inflammatory effects.
For this reason, olibanum has attracted increasing attention from scientists over the past 20 years to better define its medical effects and identify the constituents that are responsible for these effects.
Animal studies and pilot clinical trials support the potential of B. serrata gum resin extract (BSE) for the treatment of various inflammatory diseases such as inflammatory bowel disease, rheumatoid arthritis, osteoarthritis and asthma. In addition, in 2002, the European Medicines Agency classified BSE as an `` orphan medicinal product '' for the treatment of peritumoral brain edema.