Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is valuable in the development of potential therapeutic agents, particularly in the study of enzyme inhibitors and anti-cancer drugs. Researchers utilize it to explore its interactions with specific cellular targets, aiding in the discovery of novel treatments for diseases. Additionally, it finds application in organic synthesis for constructing complex heterocyclic compounds, which are often employed in medicinal chemistry.