This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. It serves as a key intermediate in the creation of molecules targeting specific biological pathways, such as enzyme inhibition or receptor modulation. Its structural features make it valuable for designing compounds with potential therapeutic applications, especially in areas like neurology, oncology, and inflammation. Researchers often employ it in high-throughput screening assays to identify bioactive molecules with desirable properties. Additionally, it may be used in the study of structure-activity relationships (SAR) to optimize drug efficacy and selectivity. Its role in medicinal chemistry underscores its importance in advancing drug discovery efforts.