This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of biologically active molecules. It is particularly significant in the development of pharmaceutical agents targeting inflammatory and autoimmune diseases. Its structural features make it suitable for incorporation into drug candidates that modulate specific enzyme pathways or receptor activities. Additionally, it is used in research settings to study structure-activity relationships, aiding in the optimization of drug efficacy and safety profiles. Its application extends to the preparation of analogs for screening against various therapeutic targets, contributing to the discovery of novel treatments.