Used in pharmaceutical research as a key intermediate in the synthesis of bioactive compounds, particularly those targeting central nervous system disorders. Shows potential in the development of agents for neurodegenerative diseases due to its structural affinity with dopamine receptor modulators. Also employed in studies exploring anti-inflammatory and antioxidant properties, making it relevant in the design of therapeutics for oxidative stress-related conditions. Its conjugated system and hydrogen bonding capability support use in molecular design for improved receptor binding and metabolic stability.