This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical agents. It plays a crucial role in the development of small molecule inhibitors, particularly those targeting specific enzymes or receptors involved in disease pathways. Its structural framework is often incorporated into drug candidates for treating conditions such as cancer, neurological disorders, and inflammatory diseases. Additionally, it is employed in research settings to study structure-activity relationships (SAR) and optimize the efficacy and selectivity of therapeutic compounds. Its unique properties make it valuable for designing novel molecules with potential clinical applications.