Used primarily as a key intermediate in the synthesis of potent angiotensin II receptor antagonists, this compound plays a critical role in developing medications for hypertension and cardiovascular diseases. Its structure enables strong binding to specific receptors, helping regulate blood pressure. Due to its lipophilic nature and stability, it enhances bioavailability in oral drug formulations. It is also explored in research for improving metabolic stability and selectivity in new antihypertensive agents.