Used primarily in pharmaceutical research, this compound is investigated for its potential biological activities, particularly as a precursor or intermediate in the synthesis of more complex molecules. Its structure suggests possible applications in developing drugs with anti-inflammatory, antimicrobial, or anticancer properties. Researchers explore its reactivity and interactions with biological targets to identify therapeutic benefits. Additionally, it may serve as a key component in organic synthesis, aiding in the creation of novel compounds for further study in medicinal chemistry.