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 enzyme inhibition or receptor modulation. Its structural features make it suitable for designing molecules with potential therapeutic applications, such as antiviral or anticancer agents. Researchers often explore its derivatives to optimize drug efficacy, selectivity, and pharmacokinetic properties. Additionally, it may be employed in organic synthesis to create complex molecules for further biological evaluation. Its role in drug discovery highlights its importance in advancing medicinal chemistry and developing new treatments for diseases.