Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. It is particularly valuable in the development of potential therapeutic agents targeting inflammatory and autoimmune diseases. Its structural framework is often exploited in medicinal chemistry to design inhibitors for specific enzymes or receptors involved in disease pathways. Additionally, it finds application in organic synthesis for constructing complex heterocyclic compounds, which are crucial in drug discovery and development. Its versatility makes it a significant component in the exploration of novel treatments for chronic conditions.