This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel therapeutic agents. Its structure makes it a valuable intermediate in the creation of molecules targeting specific biological pathways, such as enzyme inhibition or receptor modulation. Researchers explore its potential in designing drugs for conditions like inflammation, cancer, or neurological disorders due to its unique chemical framework. Additionally, it may serve as a key building block in medicinal chemistry for optimizing drug efficacy and selectivity. Its applications are largely confined to preclinical studies, where it aids in the discovery of new bioactive compounds.