This compound is primarily utilized in the field of pharmaceutical research and development as a key intermediate in the synthesis of biologically active molecules. It plays a significant role in the preparation of heterocyclic compounds, which are often explored for their potential therapeutic properties. Researchers leverage its structural framework to design and develop novel drug candidates, particularly in the areas of oncology and central nervous system disorders. Its application extends to medicinal chemistry, where it is used to construct complex molecular architectures that are essential for drug discovery programs. Additionally, it may be employed in the study of enzyme inhibition and receptor binding activities, contributing to the understanding of biochemical pathways and drug mechanisms.