This chemical is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical compounds. Its structure is particularly valuable in the development of molecules that target specific biological pathways, such as enzyme inhibitors or receptor modulators. Researchers often employ it in the design of drugs aimed at treating neurological disorders, due to its ability to interact with central nervous system targets. Additionally, it has shown potential in the creation of anticancer agents, as its framework can be modified to enhance cytotoxicity against tumor cells. In material science, it is sometimes explored for its electronic properties, contributing to the development of organic semiconductors or light-emitting materials. Its versatility makes it a valuable building block in both drug discovery and advanced material research.