This chemical is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active compounds, targeting disorders such as neurological, cardiovascular, cancer, and infectious diseases. Its structure is advantageous in creating molecules that interact with specific enzymes or receptors, making it valuable in drug discovery. Additionally, it is explored for its potential in developing novel therapeutic agents due to its unique heterocyclic framework, which can enhance drug efficacy and selectivity. Researchers also investigate its use in organic synthesis for creating complex molecules with potential applications in medicinal chemistry.