This compound is primarily utilized in the pharmaceutical and research sectors due to its potential biological activity. It is often explored for its role in the development of therapeutic agents, particularly in the treatment of neurological disorders. Its structure suggests it may interact with specific receptors or enzymes in the body, making it a candidate for drug design and optimization. Additionally, it is used in academic and industrial research to study its pharmacological properties and potential as a lead compound in medicinal chemistry. Its applications also extend to biochemical studies, where it may serve as a tool to understand cellular mechanisms and pathways.