This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various therapeutic agents. Its structure is particularly valuable in the development of drugs targeting neurological disorders, including those aimed at modulating neurotransmitter activity. Additionally, it has shown potential in the creation of anti-inflammatory and analgesic medications, where its chemical framework contributes to the inhibition of specific enzymes or receptors involved in pain and inflammation pathways. Researchers also explore its use in designing compounds for metabolic and cardiovascular diseases, leveraging its unique properties to enhance drug efficacy and selectivity.