This chemical is primarily utilized in the development of pharmaceuticals, particularly in the treatment of fungal infections. Its unique structure allows it to inhibit the growth of fungi by targeting specific enzymes essential for their survival. Additionally, it has shown potential in anti-inflammatory applications, where it helps reduce inflammation by modulating certain biochemical pathways. Researchers are also exploring its use in cancer therapy, as it may interfere with the proliferation of cancer cells. Its versatility makes it a valuable compound in medicinal chemistry and drug discovery.