This chemical is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various bioactive compounds, particularly those targeting specific enzymes or receptors in drug discovery programs. Its structure is often incorporated into molecules designed for potential therapeutic applications, such as anti-inflammatory, anticancer, or antiviral agents. Researchers also explore its use in developing inhibitors for specific biological pathways, making it a valuable building block in the creation of novel drugs. Additionally, its unique chemical properties allow for further functionalization, enabling the development of diverse derivatives with tailored biological activities.