The tree has medicinal use in Ayurveda and Tibetan medicine. Taxus wallichiana is also a source of the chemical precursors to the anticancer drug paclitaxel. Taxus wallichiana is used for making tea by the Bhotiya tribal community in the Garhwal Himalaya. The stem bark of this species, which is locally known as thuner, is collected for this purpose. This species is also used as fuelwood by the local communities. In Himachal it is known to be medicine for some types of cancer.