This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting specific enzymes or receptors. Its structural features make it suitable for developing compounds with potential therapeutic applications, such as inhibitors for certain diseases or conditions. Researchers often explore its derivatives for their efficacy in drug discovery programs, focusing on areas like oncology, inflammation, and infectious diseases. Its role in modulating biological pathways makes it a valuable tool in the development of novel treatments.