Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of cardiovascular drugs. It plays a role in creating PDE3 inhibitors, which are important for treating heart failure and improving cardiac output due to their inotropic and vasodilatory effects. Its structure allows for effective binding and modulation of enzyme activity, making it valuable in medicinal chemistry for designing bioactive molecules. Also utilized in research settings to develop new antiplatelet and antihypertensive compounds.