Used in pharmaceutical research as a key intermediate in the synthesis of various biologically active compounds. It plays a role in the development of potential therapeutic agents, particularly in the field of oncology, where it is explored for its anti-cancer properties. Additionally, it is utilized in the study of enzyme inhibition and receptor binding, contributing to the design of new drugs targeting specific biochemical pathways. Its structural properties make it valuable in medicinal chemistry for creating novel molecules with potential applications in treating diseases.