This compound 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 molecules, particularly those targeting specific enzyme pathways. Its structure is often explored for developing potential therapeutic agents, especially in the design of inhibitors for kinases or other proteins involved in disease mechanisms. Researchers focus on its derivatives to evaluate their efficacy in treating conditions such as inflammation, cancer, or infectious diseases. Additionally, its unique chemical framework makes it a valuable scaffold for drug discovery programs aiming to optimize pharmacokinetic properties and enhance target specificity.