This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting neurological and inflammatory conditions. Its structural framework is valuable for developing compounds with potential therapeutic effects, such as enzyme inhibitors or receptor modulators. Additionally, it is explored in the design of novel drugs for treating diseases like Alzheimer's, Parkinson's, and other neurodegenerative disorders. Its versatility also extends to agrochemical research, where it contributes to the development of new pesticides or herbicides. Researchers leverage its unique chemical properties to optimize drug efficacy and safety profiles.