This compound is primarily utilized in pharmaceutical research due to its potential biological activity. It is often investigated for its role as a precursor or intermediate in the synthesis of more complex molecules that exhibit therapeutic properties. Specifically, it has been studied for its application in developing drugs targeting neurological disorders, owing to its structural similarity to compounds that interact with central nervous system receptors. Additionally, its unique heterocyclic structure makes it a candidate for research in anti-inflammatory and antimicrobial agents. Researchers also explore its use in organic synthesis for creating novel compounds with potential industrial or medicinal applications.