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 bioactive compounds, particularly those targeting neurological and inflammatory disorders. Its structure is advantageous for designing molecules that interact with specific receptors or enzymes, making it valuable in drug discovery. Additionally, it is explored in the creation of novel therapeutic agents due to its potential to modulate biological pathways effectively. Researchers also investigate its role in enhancing the pharmacokinetic properties of drug candidates, contributing to the development of more efficient and targeted treatments.