Used in pharmaceutical research as a key intermediate in the synthesis of biologically active compounds. It plays a role in the development of potential drugs targeting neurological disorders, such as depression and anxiety, due to its structural properties that interact with specific receptors in the brain. Additionally, it is explored for its potential in creating novel antifungal agents, leveraging its unique chemical structure to inhibit fungal growth. Researchers also investigate its application in the design of enzyme inhibitors, which could be useful in treating various metabolic diseases. Its versatility makes it a valuable component in medicinal chemistry and drug discovery.