Used primarily in pharmaceutical research, this compound plays a role in the development of novel therapeutic agents. Its structure is particularly valuable in the synthesis of molecules targeting specific enzymes or receptors, aiding in the study of biochemical pathways. Additionally, it has potential applications in the design of drugs for treating neurological disorders, due to its ability to interact with certain neural receptors. Researchers also explore its use in creating compounds with anti-inflammatory or antimicrobial properties, contributing to advancements in medicinal chemistry.