This chemical is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various biologically active compounds. It serves as a building block for the development of potential pharmaceutical agents, particularly in the design of molecules targeting specific enzymes or receptors. Its structure is often incorporated into drugs aimed at treating inflammatory diseases, cancer, or infections due to its ability to interact with biological targets effectively. Additionally, it is explored in research for its potential application in creating novel therapeutic agents with improved efficacy and reduced side effects.