This chemical is primarily utilized in the field of pharmaceutical research and development, particularly in the synthesis of novel drug candidates. It serves as a key intermediate in the creation of compounds that target specific biological pathways, often related to inflammation or cancer. Its structure allows for potential modifications to enhance binding affinity and selectivity toward certain enzymes or receptors. Researchers leverage its unique properties to design and optimize molecules for preclinical studies, aiming to develop effective therapeutic agents. Additionally, it may be explored in agrochemical research for developing new pesticides or herbicides due to its structural features that could interact with biological targets in pests or weeds.