Used primarily in pharmaceutical research and development, it serves as a key intermediate in the synthesis of various biologically active compounds. Its structure is valuable in creating molecules with potential therapeutic effects, particularly in the design of drugs targeting neurological disorders and inflammatory conditions. Additionally, it finds application in organic synthesis for constructing complex heterocyclic frameworks, which are crucial in medicinal chemistry. Its role in the development of novel inhibitors and modulators for specific enzymes and receptors is also noteworthy, contributing to advancements in drug discovery.