This compound is primarily used in pharmaceutical research and development as a key intermediate in the synthesis of complex organic molecules. Its structure is particularly valuable in the creation of biologically active compounds, including potential drug candidates targeting various diseases. It is often employed in the preparation of heterocyclic compounds, which are essential in medicinal chemistry for designing molecules with therapeutic properties. Additionally, it serves as a building block in the development of inhibitors for enzymes or receptors, contributing to the study of biochemical pathways and drug discovery processes.