This compound is primarily utilized in the field of medicinal chemistry, particularly in the development of anticancer agents. Its structure is designed to interact with specific biological targets, such as enzymes or receptors, that are involved in cancer cell proliferation. Researchers explore its potential to inhibit tumor growth by interfering with critical cellular processes, making it a candidate for further investigation in oncology drug development. Additionally, it may be studied for its role in modulating biochemical pathways associated with inflammation and other diseases, offering potential therapeutic applications beyond cancer.