This compound is primarily utilized in the field of medicinal chemistry and drug development due to its potential biological activities. It is often studied for its role as a small molecule inhibitor, particularly in targeting specific enzymes or proteins involved in disease pathways. Researchers explore its efficacy in modulating cellular processes, making it a candidate for therapeutic applications in conditions such as inflammation, cancer, or infectious diseases. Additionally, its unique structure allows for further chemical modifications, enabling the development of more potent and selective analogs for enhanced pharmacological properties.