This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel therapeutic agents. It serves as a key intermediate in the creation of molecules targeting various biological pathways, including those involved in neurological and cardiovascular diseases. Its structural framework is valuable for designing inhibitors of specific enzymes or receptors, making it a crucial component in drug discovery efforts. Additionally, it has been explored for its potential in developing treatments for inflammatory conditions and metabolic disorders. Researchers also investigate its role in enhancing drug efficacy and selectivity, contributing to the advancement of precision medicine.