This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals. Its structure is particularly valuable in the development of inhibitors that target specific enzymes, making it a crucial component in drug discovery and development processes. Additionally, it is employed in the synthesis of complex molecules that exhibit biological activity, contributing to advancements in medicinal chemistry. The compound's unique properties also make it suitable for use in research applications, particularly in studies focused on understanding biochemical pathways and mechanisms of action.