This compound is primarily utilized in pharmaceutical research and development due to its potential biological activity. It serves as a key intermediate in the synthesis of various therapeutic agents, particularly those targeting neurological disorders and inflammatory conditions. Its structural framework is often incorporated into molecules designed to interact with specific enzymes or receptors, aiding in the discovery of new drugs. Additionally, it is explored in material science for the development of advanced organic materials with specialized properties. Its applications are largely experimental, focusing on optimizing its efficacy and safety for future use in medicine and technology.