This chemical is primarily utilized in the field of pharmaceutical research and development, where it serves as a key intermediate in the synthesis of various biologically active compounds. Its structure is particularly valuable in the creation of molecules that target specific enzymes or receptors, making it a crucial component in the design of potential drug candidates. Additionally, it is employed in organic synthesis to construct complex heterocyclic frameworks, which are often found in compounds with therapeutic properties. Its applications extend to the study of biochemical pathways and the development of novel treatments for diseases, particularly in the areas of oncology and neurology.