Used in pharmaceutical research as a key intermediate for synthesizing compounds with potential therapeutic properties. Its structure is valuable in developing molecules targeting neurological disorders and cancer. The compound is also employed in organic synthesis to create derivatives for drug discovery and biological studies. Its alkyne group allows for click chemistry applications, facilitating the development of bioconjugates and probes for biochemical research. Additionally, it is utilized in the study of enzyme inhibitors and receptor modulators, aiding in the exploration of new treatment pathways.