This compound 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 molecules, particularly in the development of novel drug candidates. Its structure is often leveraged to create compounds with potential therapeutic effects, such as enzyme inhibitors or receptor modulators. Researchers also explore its use in designing molecules for targeting specific diseases, including cancer and infectious diseases, due to its unique chemical properties that enhance binding affinity and selectivity. Additionally, it may be employed in the study of structure-activity relationships (SAR) to optimize drug efficacy and safety profiles.