This chemical is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various biologically active compounds. Its structure is particularly valuable in the development of inhibitors targeting specific enzymes, making it useful in the creation of drugs for treating conditions like inflammation, cancer, and infectious diseases. Additionally, it serves as a building block in organic synthesis, enabling the production of complex molecules with potential therapeutic applications. Its versatility also extends to research settings, where it is employed in the study of chemical reactions and the exploration of new drug candidates.