This chemical 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 compounds, particularly those targeting neurological disorders and inflammation. Its unique structure allows for the development of novel drug candidates with potential therapeutic effects. Additionally, it is employed in the creation of small molecule inhibitors that can modulate specific enzyme activities, making it valuable in drug discovery and development processes. Researchers also explore its use in designing compounds with potential anticancer properties, leveraging its heterocyclic framework for targeted interactions with cellular pathways.