It is primarily used in the pharmaceutical industry as an intermediate in the synthesis of various therapeutic compounds. Its structure makes it valuable in the development of drugs targeting cardiovascular diseases, where it may help in regulating blood pressure and improving heart function. Additionally, it is utilized in research for creating novel anti-inflammatory and analgesic medications, offering potential relief for chronic pain and inflammatory conditions. Its role in organic synthesis also extends to the production of specialized chemicals for biochemical studies, aiding in the understanding of metabolic pathways and enzyme interactions.