This compound is primarily used in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. It has shown potential in the study of antimicrobial and anticancer agents due to its unique structural properties. Researchers explore its efficacy in inhibiting specific enzymes or pathways involved in disease progression. Additionally, it is investigated for its role in enhancing the bioavailability and stability of active pharmaceutical ingredients. Its applications extend to preclinical studies, where it serves as a key intermediate in the development of targeted therapies.