This compound is primarily utilized in the field of medicinal chemistry for its potential therapeutic properties. It is investigated for its role as a precursor or intermediate in the synthesis of more complex molecules, particularly those with biological activity. Researchers explore its application in developing drugs that target specific enzymes or receptors, potentially offering treatments for various diseases. Its structural complexity makes it a valuable candidate for further chemical modifications to enhance its efficacy and selectivity in drug development. Additionally, it may be studied for its potential use in creating novel compounds with anti-inflammatory, antimicrobial, or anticancer properties.