This compound is primarily utilized in the field of pharmaceutical research and development, particularly as an intermediate in the synthesis of more complex molecules. It serves as a key building block in the creation of compounds with potential therapeutic applications, such as inhibitors for specific enzymes or receptors. Its structure is often incorporated into drug candidates targeting neurological disorders, cancer, or inflammatory diseases. Additionally, it may be used in the study of heterocyclic chemistry to explore novel chemical reactions and pathways, aiding in the discovery of new medicinal agents.