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 central nervous system disorders. Its structure is often incorporated into compounds being studied for their potential as anticonvulsant or neuroprotective agents. Additionally, it is explored in the development of new drugs for treating conditions like epilepsy and neurodegenerative diseases. Researchers also investigate its role in creating novel heterocyclic compounds with potential therapeutic applications. Its furan and pyridazine moieties make it a valuable scaffold for designing molecules with specific pharmacological properties.