This chemical is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. It serves as a key intermediate in the creation of compounds targeting various therapeutic areas, including anti-inflammatory, antiviral, and anticancer agents. Its structure is valuable in medicinal chemistry for designing molecules with enhanced biological activity and selectivity. Additionally, it is employed in organic synthesis to construct complex heterocyclic frameworks, which are essential in developing bioactive molecules. Researchers also explore its potential in designing enzyme inhibitors and receptor modulators due to its unique chemical properties.