This chemical is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical compounds. Its structure is particularly valuable in the development of inhibitors targeting specific enzymes or receptors, making it a crucial component in drug discovery processes. Researchers often employ it to create molecules with potential therapeutic effects, particularly in areas such as oncology, neurology, and infectious diseases. Additionally, its scaffold is explored for designing compounds with anti-inflammatory, antiviral, or antibacterial properties. Its versatility and reactivity make it a valuable building block in organic synthesis for developing novel bioactive molecules.