Used in pharmaceutical research as a key intermediate in the synthesis of various biologically active compounds. It plays a significant role in the development of potential drugs targeting neurological disorders, cancer, and infectious diseases. Its structure is valuable for creating molecules that interact with specific enzymes or receptors, aiding in drug discovery. Additionally, it is utilized in organic synthesis to build complex heterocyclic frameworks, which are essential in medicinal chemistry. Its applications also extend to material science, where it contributes to the development of novel organic materials with specific electronic or optical properties.