This chemical is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of various biologically active compounds, particularly those targeting neurological and inflammatory disorders. Its structure is often leveraged to develop molecules that interact with specific receptors or enzymes in the body, making it valuable for the creation of potential therapeutic agents. Researchers also explore its derivatives for their potential as inhibitors or modulators in biochemical pathways, contributing to the discovery of new drugs. Its application is largely confined to laboratory settings, where it is used in experimental studies to understand its reactivity and pharmacological properties.