This chemical is primarily utilized in the synthesis of various pharmaceutical compounds, particularly in the development of drugs targeting specific biological pathways. It serves as a key intermediate in the production of molecules with potential anti-inflammatory, antimicrobial, or anticancer properties. Its structural framework is valuable in medicinal chemistry for designing and optimizing drug candidates. Additionally, it may be employed in organic synthesis to create complex heterocyclic compounds for research and industrial applications. Its versatility makes it a useful building block in the development of novel therapeutic agents.