Primarily utilized in pharmaceutical research, this compound is investigated for its potential as a bioactive molecule. It is often studied for its role in the development of therapeutic agents, particularly in the treatment of neurological disorders and cancers. Its structure allows it to interact with various biological targets, making it a candidate for drug discovery efforts. Additionally, it is explored in the synthesis of novel compounds with potential antiviral and anti-inflammatory properties. Researchers also examine its efficacy in modulating specific enzymes or receptors, which could lead to advancements in personalized medicine.