This chemical is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. Its structure makes it a valuable intermediate in the creation of compounds targeting various biological pathways. It is often employed in medicinal chemistry for the design of molecules with potential therapeutic effects, especially in the areas of oncology and neurology. Researchers leverage its unique chemical framework to develop inhibitors or modulators of specific enzymes or receptors, contributing to the discovery of new treatments for complex diseases. Additionally, it may be used in organic synthesis to construct more complex heterocyclic compounds with diverse applications in drug discovery and material science.