This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs), particularly those targeting gastrointestinal disorders. Its structural properties make it suitable for developing drugs that modulate specific receptors or enzymes involved in digestive processes. Additionally, it is explored for its potential in creating novel therapeutic agents for treating conditions like acid reflux, ulcers, and other related ailments. Its role in medicinal chemistry highlights its importance in advancing treatments for gastrointestinal health.