This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various bioactive molecules, particularly those targeting neurological and inflammatory conditions. Its unique structure allows it to act as a precursor in the creation of quinoline derivatives, which are known for their therapeutic potential. Researchers often employ it in the design and optimization of drug candidates, focusing on enhancing efficacy and reducing side effects. Additionally, it is explored in studies related to enzyme inhibition and receptor modulation, contributing to advancements in medicinal chemistry.