This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting enzyme inhibition or receptor modulation. Its structural features make it valuable for developing drugs that interact with specific proteins or pathways in the body. Researchers often employ it in the design and optimization of compounds for therapeutic applications, such as antiviral or anticancer agents. Additionally, it may be used in studies exploring the structure-activity relationships of potential drug candidates, aiding in the discovery of more effective and selective treatments.