This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting neurological and inflammatory disorders. Its structure is often leveraged in the development of enzyme inhibitors, which can modulate specific pathways involved in disease progression. Additionally, it is explored for its potential in creating novel therapeutic agents due to its unique stereochemistry and functional groups, which can enhance binding affinity and selectivity. Researchers also study its applications in drug delivery systems, where it can improve the stability and bioavailability of active pharmaceutical ingredients.