Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various therapeutic agents. Its structure is particularly valuable in developing drugs targeting neurological disorders, thanks to its ability to interact with specific receptors in the brain. Additionally, it is utilized in the creation of anti-inflammatory and antimicrobial medications, where its chemical properties enhance the efficacy of the final product. Researchers also explore its potential in designing novel compounds for cancer treatment, leveraging its unique molecular framework to inhibit tumor growth.