This chemical is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active compounds, particularly those targeting specific enzymes or receptors. Its structural properties make it valuable in the design of potential therapeutic agents, especially in the areas of oncology and infectious diseases. Researchers often employ it to explore novel drug candidates due to its ability to interact with biological targets effectively. Additionally, it is used in organic synthesis to create complex molecules for further study in medicinal chemistry.