Used in organic synthesis as a building block for the development of pharmaceutical compounds. It serves as a key intermediate in the preparation of biologically active molecules, particularly in the creation of potential drug candidates for therapeutic applications. Its structure is valuable in medicinal chemistry for designing inhibitors or modulators targeting specific enzymes or receptors. Additionally, it is employed in research settings to study its interactions with biological systems, aiding in the discovery of new treatments for diseases. Its role in chemical reactions and its potential bioactivity make it a significant compound in drug discovery and development processes.