This chemical is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active compounds, particularly those targeting enzyme inhibition or receptor modulation. Its structure is often incorporated into the design of molecules that exhibit potential therapeutic properties, such as anti-inflammatory, anticancer, or antimicrobial activities. Additionally, it is used in the development of heterocyclic compounds, which are essential in drug discovery due to their diverse pharmacological profiles. Researchers also explore its derivatives for their potential in treating neurological disorders and metabolic diseases. Its versatility makes it a valuable building block in the creation of novel drug candidates.