This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting neurological and inflammatory disorders. Its structure is often exploited in the development of small molecule inhibitors and modulators for specific protein targets, contributing to drug discovery efforts. Additionally, it finds application in the preparation of heterocyclic compounds, which are essential in the design of novel therapeutic agents. Researchers also leverage its reactivity in organic synthesis to create complex chemical architectures for further biological evaluation.