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 structural framework is valuable in the development of potential drug candidates, especially for conditions like cancer, inflammation, or neurological disorders. Researchers often modify its core structure to enhance potency, selectivity, or bioavailability in drug discovery projects. Additionally, it may be used in the study of structure-activity relationships (SAR) to optimize therapeutic efficacy and minimize side effects. Its application is largely confined to laboratory settings, where it contributes to the advancement of innovative treatments.