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 potential therapeutic agents targeting specific enzymes or receptors. Additionally, it has shown promise in the development of compounds with anti-inflammatory, antiviral, or anticancer properties. Researchers also explore its utility in designing novel inhibitors for studying biochemical pathways and disease mechanisms. Its versatility makes it a significant component in medicinal chemistry and drug discovery efforts.