This chemical is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active compounds, particularly those targeting specific enzymes or receptors. Its unique structure makes it valuable for designing molecules with potential therapeutic applications, such as inhibitors for certain diseases. Additionally, it is employed in the study of chemical reactions and mechanisms due to its reactivity and ability to form complex structures. Its role in medicinal chemistry is significant, as it contributes to the creation of novel drug candidates with improved efficacy and selectivity.