Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the creation of compounds with potential therapeutic effects, such as anti-inflammatory, antimicrobial, and antiviral agents. Additionally, it plays a role in the development of new drugs targeting central nervous system disorders, owing to its ability to interact with specific receptors in the brain. Researchers also explore its utility in designing novel materials for organic electronics, leveraging its unique chemical properties.