This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting specific enzymes or receptors in medicinal chemistry. Its structure is often incorporated into compounds designed for potential therapeutic applications, such as inhibitors or modulators in drug discovery projects. Additionally, it is employed in the study of biochemical pathways and the development of novel treatments for diseases, including cancer and inflammatory conditions. Its role in creating complex molecular architectures makes it valuable for advancing innovative drug candidates.