This chemical is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active compounds, particularly those targeting specific enzymes or receptors. Its structure is often incorporated into the development of potential drug candidates for treating diseases such as cancer, inflammation, and infections. Researchers also explore its use in creating novel heterocyclic compounds, which are essential in designing molecules with enhanced pharmacological properties. Additionally, it finds applications in organic synthesis for constructing complex molecular frameworks, aiding in the discovery of new therapeutic agents.