Used primarily in pharmaceutical research, this compound is investigated for its potential as a therapeutic agent due to its structural properties. It is studied for its ability to interact with specific biological targets, such as enzymes or receptors, which may lead to the development of new drugs for treating diseases. Additionally, it serves as a key intermediate in organic synthesis, enabling the creation of more complex molecules with potential applications in medicinal chemistry. Its unique structure also makes it a candidate for use in biochemical assays to study molecular interactions and mechanisms.