This chemical is primarily utilized in the development of advanced pharmaceutical compounds, particularly in the synthesis of drugs targeting inflammatory and autoimmune diseases. Its structure allows it to act as a key intermediate in the production of inhibitors that modulate specific biological pathways, such as those involving cytokines or enzymes responsible for inflammation. Additionally, it finds application in research settings for studying receptor-ligand interactions due to its ability to bind selectively to certain protein targets. Its role in drug discovery is significant, as it contributes to the creation of more effective and targeted therapies with reduced side effects.