This chemical is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active compounds, particularly those targeting specific enzymes or receptors. Its structure is often exploited to develop potential drug candidates for treating diseases such as cancer, inflammation, or infections. Additionally, it is used in the design of small molecules for probing biological pathways and understanding disease mechanisms. Its versatility makes it a valuable building block in the creation of novel therapeutic agents.