Used primarily in the synthesis of pharmaceuticals, this compound plays a crucial role in the development of drugs targeting cardiovascular diseases. Its structure allows it to interact effectively with biological molecules, making it valuable in creating medications that regulate blood pressure and heart rate. Additionally, it is employed in research settings to study receptor mechanisms and signal transduction pathways, aiding in the discovery of new therapeutic agents. Its application extends to the field of biochemistry, where it is utilized in the preparation of compounds for enzyme inhibition studies, contributing to the understanding of metabolic processes and disease mechanisms.