This chemical is primarily utilized in the development of pharmaceutical compounds due to its unique structural properties. It acts as a key intermediate in the synthesis of various therapeutic agents, particularly those targeting neurological and cardiovascular disorders. Its sulfonyl and diol functional groups make it suitable for creating molecules with enhanced bioavailability and stability. Additionally, it is employed in research settings for studying enzyme inhibition and receptor binding mechanisms, aiding in the discovery of new drugs. Its application extends to the formulation of prodrugs, where it helps improve the delivery and efficacy of active pharmaceutical ingredients.