This compound is primarily utilized in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of certain drugs that target specific metabolic pathways. Its structure allows it to act as a building block for more complex molecules, especially those used in therapeutic agents for treating metabolic disorders or as enzyme inhibitors. Additionally, it finds application in research settings for studying biochemical processes and developing novel drug candidates. Its unique chemical properties make it suitable for use in organic synthesis and medicinal chemistry.