This chemical is primarily used in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical compounds. Its structure makes it valuable in the development of drugs targeting specific biological pathways, particularly those related to inflammation and immune response. Researchers utilize it to create derivatives that can interact with enzymes or receptors, potentially leading to new treatments for conditions like autoimmune diseases or chronic inflammatory disorders. Additionally, it may be explored in the design of novel therapeutic agents due to its unique chemical framework, which allows for modifications to enhance drug efficacy and selectivity. Its application is largely confined to laboratory settings and early-stage drug discovery processes.