This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. It serves as a key intermediate in the creation of molecules targeting various therapeutic areas, including oncology and central nervous system disorders. Its structural framework is often incorporated into compounds designed to interact with specific biological targets, such as enzymes or receptors, to modulate their activity. Additionally, it is employed in medicinal chemistry studies to explore structure-activity relationships, aiding in the optimization of drug efficacy and safety profiles.