Used in pharmaceutical research as a key intermediate in the synthesis of biologically active compounds, particularly in the development of enzyme inhibitors. Shows potential in studies related to anticancer and antimicrobial agents due to its ability to interact with specific cellular targets. Its structure supports binding to proteins involved in signal transduction pathways, making it valuable in medicinal chemistry for optimizing drug candidates. Also employed in structure-activity relationship (SAR) studies to enhance potency and selectivity of therapeutic molecules.