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 biologically active compounds, particularly those targeting neurological and inflammatory disorders. Its unique structure allows it to act as a building block for the development of small molecule inhibitors, which are crucial in drug discovery processes. Researchers often employ it in the creation of novel therapeutic agents that modulate specific enzyme activities or receptor interactions, making it valuable in the design of potential treatments for complex diseases. Additionally, its application extends to the study of structure-activity relationships (SAR) to optimize the efficacy and selectivity of drug candidates.