Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. It is particularly valuable in the development of inhibitors targeting specific enzymes or receptors, contributing to the creation of potential treatments for diseases such as cancer and inflammatory conditions. Its structure allows for modifications that enhance drug efficacy and selectivity, making it a versatile tool in medicinal chemistry. Additionally, it is employed in the study of biochemical pathways to better understand disease mechanisms and identify new therapeutic targets.