This chemical is primarily utilized in the pharmaceutical and biochemical research fields. It serves as a key intermediate in the synthesis of various bioactive compounds, particularly those targeting neurological and cardiovascular diseases. Its structure is often incorporated into molecules designed to interact with specific receptors or enzymes in the body, making it valuable for drug development. Additionally, it is explored in the creation of inhibitors for certain proteins or pathways implicated in disease processes. Researchers also investigate its potential in designing novel therapeutic agents due to its ability to modulate biological activity effectively.