This chemical is primarily used in the field of medicinal chemistry as a key intermediate in the synthesis of biologically active compounds. Its structure is particularly valuable in the development of pharmaceutical agents targeting various diseases, including cancer and inflammatory conditions. Researchers utilize it to create derivatives that can interact with specific enzymes or receptors, potentially leading to the discovery of new therapeutic drugs. Additionally, it plays a role in the study of structure-activity relationships (SAR) to optimize drug efficacy and selectivity. Its application extends to organic synthesis, where it serves as a building block for complex heterocyclic compounds.