This chemical 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 compounds, particularly those targeting specific enzymes or receptors. Its structure is often incorporated into molecules designed for therapeutic applications, such as anti-inflammatory, antiviral, or anticancer agents. Researchers also explore its potential in developing novel drugs due to its ability to interact with biological targets effectively. Additionally, it may be used in the preparation of heterocyclic compounds, which are valuable in drug discovery and development processes.