This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical agents. Its structure is particularly valuable in the development of drugs targeting neurological disorders, including potential treatments for Alzheimer's disease and other cognitive impairments. Additionally, it serves as a building block in the creation of compounds with antimicrobial properties, making it relevant in the fight against resistant bacterial strains. Researchers also explore its use in the design of novel inhibitors for specific enzymes involved in inflammatory pathways, contributing to the development of anti-inflammatory medications. Its versatility in drug design underscores its importance in advancing therapeutic innovations.