This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting specific enzymes or receptors in medicinal chemistry. Its unique structure makes it valuable for creating novel compounds with potential therapeutic applications, especially in the treatment of diseases like cancer, neurological disorders, and infectious diseases. Additionally, it is used in the development of small-molecule inhibitors and probes for studying biological pathways and mechanisms. Its incorporation into drug candidates often enhances their efficacy and selectivity, making it a crucial component in modern drug discovery.