This chemical is primarily utilized in the synthesis of various pharmaceutical compounds. It serves as a key intermediate in the production of drugs that target neurological and cardiovascular systems. Additionally, it is employed in the development of inhibitors for specific enzymes, which can be crucial in treating diseases like cancer and inflammation. Its unique structure allows it to act as a building block in creating complex molecules with potential therapeutic effects. Researchers also explore its use in designing novel compounds for biochemical studies, aiding in the understanding of biological pathways and drug interactions.