This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting specific enzymes or receptors. Its structural framework is valuable in the design of potential drug candidates, especially in the development of inhibitors for therapeutic applications. Researchers leverage its chemical properties to create compounds with improved efficacy and selectivity, often focusing on areas such as oncology, inflammation, and neurological disorders. Additionally, it is employed in organic synthesis to explore novel chemical reactions and pathways, contributing to advancements in medicinal chemistry.