This compound is primarily utilized in pharmaceutical research and development due to its potential as a key intermediate in the synthesis of various biologically active molecules. It is particularly explored in the creation of compounds targeting specific enzymes or receptors involved in disease pathways. Its structure makes it a valuable scaffold for designing drugs with potential applications in treating inflammatory conditions, neurological disorders, or certain types of cancers. Additionally, it may be used in the development of small-molecule inhibitors for therapeutic purposes. Researchers also investigate its role in optimizing drug efficacy and selectivity during early-stage drug discovery processes.