This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting neurological and inflammatory disorders. Its structure is often incorporated into the development of potential drug candidates due to its ability to interact with specific enzymes and receptors in the body. Additionally, it has been explored for its potential use in creating compounds with anti-convulsant, anti-depressant, and anti-inflammatory properties. Researchers also study its derivatives for their efficacy in treating conditions such as anxiety, pain, and certain types of cancer. Its versatility in drug design makes it a valuable component in the development of novel therapeutic agents.