This chemical is primarily utilized in pharmaceutical research and development, particularly as a key intermediate in the synthesis of various biologically active compounds. It plays a significant role in the creation of potential drug candidates targeting specific enzymes or receptors, often in the fields of oncology and infectious diseases. Its structure is valuable for designing molecules with enhanced binding affinity and selectivity, making it a crucial component in medicinal chemistry. Additionally, it may be employed in the study of biochemical pathways and the development of novel therapeutic agents.