This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the development of drugs targeting specific biological pathways, particularly those involving enzyme inhibition or receptor modulation. Its structural features make it valuable for creating molecules with potential therapeutic effects, such as anti-inflammatory or analgesic properties. Additionally, it is employed in research settings for studying biochemical processes and developing novel drug candidates. Its application extends to the optimization of drug efficacy and safety profiles during preclinical and clinical trials.