Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various drugs, particularly those targeting neurological and metabolic disorders. Its structure allows it to act as a precursor in the development of compounds that modulate enzyme activity, making it valuable in creating treatments for conditions like diabetes and neurodegenerative diseases. Additionally, it is utilized in biochemical studies to explore the mechanisms of enzyme inhibition and receptor interactions, aiding in the discovery of novel therapeutic agents. Its application extends to the production of active pharmaceutical ingredients (APIs) that require precise molecular frameworks for efficacy.