This chemical is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active compounds, particularly those targeting specific enzyme systems or receptors. Its structural features make it valuable for designing molecules with potential therapeutic applications, such as anti-inflammatory, anticancer, or antimicrobial agents. Additionally, it is employed in organic synthesis to create complex heterocyclic frameworks, which are often explored for their pharmacological properties. Researchers also use it to study structure-activity relationships, aiding in the optimization of drug candidates for improved efficacy and safety.