Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the creation of compounds targeting specific enzymes or receptors, making it useful in drug discovery for treating diseases such as cancer or neurological disorders. Additionally, it is employed in organic synthesis to build complex heterocyclic frameworks, which are essential in the development of novel therapeutic agents. Its reactivity and stability make it a versatile tool in medicinal chemistry.