This chemical is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various bioactive compounds, particularly those targeting specific enzymes or receptors in therapeutic applications. Its structural features make it valuable in designing molecules for drug discovery, especially in areas like oncology and immunology. Researchers often employ it to create novel compounds that modulate biological pathways, potentially leading to the development of new medications. Additionally, its use in organic synthesis allows for the exploration of chemical space, aiding in the identification of promising candidates for further preclinical and clinical studies.