Primarily used in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structural properties make it valuable in the creation of potential drug candidates, particularly in the development of antiviral and anticancer agents. Researchers utilize it to explore novel therapeutic pathways and optimize drug efficacy. Additionally, it plays a role in organic synthesis for constructing complex heterocyclic compounds, which are essential in medicinal chemistry. Its applications extend to experimental studies aimed at understanding biochemical interactions and mechanisms of action in targeted therapies.