Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various drugs, particularly those targeting inflammatory and autoimmune conditions. Its structure is valuable for creating molecules with potential therapeutic effects, often explored in the design of enzyme inhibitors or receptor modulators. Additionally, it finds application in organic synthesis for constructing complex heterocyclic compounds, which are essential in medicinal chemistry. Researchers also utilize it in studying biochemical pathways and developing novel bioactive agents.