This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of complex molecules, particularly those targeting specific enzymes or receptors. Its unique structure allows it to act as a building block for designing potent inhibitors or modulators, often employed in the treatment of neurological disorders or metabolic diseases. Additionally, it finds application in research settings for studying protein-ligand interactions, aiding in the development of novel therapeutic agents with enhanced efficacy and selectivity.