This chemical is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate or active compound in the development of small molecule drugs, particularly those targeting specific biological pathways or receptors. Its structure suggests potential applications in designing inhibitors for enzymes or proteins involved in diseases such as cancer, inflammation, or neurological disorders. Researchers often explore its derivatives to optimize pharmacological properties, including potency, selectivity, and bioavailability. Additionally, it may be used in preclinical studies to evaluate its efficacy and safety profile in various disease models.