This compound is primarily utilized in pharmaceutical research and development, particularly in the study of enzyme inhibitors and receptor modulators. Its structure suggests potential activity in targeting specific biological pathways, making it a candidate for drug discovery efforts focused on neurological and cardiovascular diseases. Researchers explore its efficacy in modulating protein interactions that are crucial in disease progression, aiming to develop therapeutic agents with improved selectivity and potency. Additionally, it may serve as a key intermediate in synthesizing more complex molecules for medicinal chemistry applications.