Used in pharmaceutical research as a key intermediate for synthesizing compounds with potential therapeutic properties. It plays a role in the development of drugs targeting neurological disorders and cancer due to its structural framework, which is conducive to binding specific biological targets. Additionally, it is utilized in organic synthesis to create heterocyclic compounds, which are valuable in medicinal chemistry for their diverse biological activities. Its application extends to the study of enzyme inhibition, aiding in the discovery of new treatments for various diseases.