Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its structure is particularly valuable in developing compounds with potential therapeutic effects, such as antimicrobial, anticancer, or neurological agents. Researchers leverage its chemical properties to design and optimize drug candidates, especially those targeting specific receptors or enzymes in the body. Additionally, it may be employed in the study of biochemical pathways and the development of diagnostic tools. Its application is largely confined to laboratory settings, focusing on innovation in medicinal chemistry.