Used primarily in the synthesis of pharmaceuticals, this compound serves as a key intermediate in the production of various drugs. It plays a crucial role in the development of antiviral and anticancer medications, where its structure contributes to the efficacy of the final product. Additionally, it is utilized in biochemical research for studying enzyme inhibition and metabolic pathways, aiding in the discovery of new therapeutic targets. Its application extends to the field of organic synthesis, where it is employed to create complex molecules for further chemical studies.