This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting specific enzyme pathways or receptors. Its structural features make it suitable for designing inhibitors or modulators in therapeutic research, especially in areas like oncology and inflammatory diseases. Researchers often explore its potential in creating novel compounds with enhanced efficacy and selectivity for targeted treatments. Additionally, it may be used in biochemical assays to study molecular interactions and mechanisms of action in cellular processes. Its application is largely confined to laboratory settings, focusing on the development of new pharmaceutical agents.