This compound is primarily utilized in pharmaceutical research and development, particularly as an intermediate in the synthesis of active pharmaceutical ingredients (APIs). Its structure is often explored for potential therapeutic applications, especially in the design of drugs targeting neurological disorders or as a building block for compounds with anti-inflammatory or antiviral properties. Researchers also investigate its role in modulating specific biological pathways, making it valuable in medicinal chemistry for the creation of novel drug candidates. Additionally, it may be employed in the study of enzyme inhibition or receptor interaction mechanisms, contributing to the development of targeted therapies.