This compound is primarily utilized in the field of medicinal chemistry, where it serves as a key intermediate in the synthesis of various pharmacologically active molecules. Its structure is particularly valuable in the development of enzyme inhibitors, targeting specific pathways involved in disease processes. Additionally, it has shown potential in the research of anti-inflammatory and anticancer agents, owing to its ability to modulate biological activity at the molecular level. Its application extends to the study of biochemical interactions, aiding in the understanding of complex enzymatic mechanisms.