This compound is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active molecules, particularly those targeting therapeutic applications. Its unique structure makes it valuable for constructing complex heterocyclic compounds, which are often explored for their potential in drug discovery. Researchers leverage its chemical framework to design and synthesize analogs that may exhibit pharmacological properties, such as anti-inflammatory, antimicrobial, or anticancer activities. Additionally, it is employed in studies aimed at understanding structure-activity relationships (SAR) to optimize the efficacy and selectivity of potential drug candidates.