This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting enzyme inhibition. Its structure is often exploited in the design of drugs that modulate specific cellular pathways, making it valuable in the study of conditions like cancer, inflammation, and autoimmune diseases. Additionally, it is explored for its potential use in developing treatments for cardiovascular and metabolic disorders due to its ability to interact with critical enzymes involved in these processes. Its application extends to agricultural chemistry, where it is investigated for creating novel pesticides or herbicides that target specific plant enzymes or pests.