Primarily used in research and development, this compound plays a significant role in the study of biochemical processes, particularly in understanding enzyme interactions and cellular signaling pathways. It is often utilized in laboratory settings to investigate the mechanisms of action of various enzymes and to explore potential therapeutic applications. Additionally, it serves as a valuable tool in the synthesis of complex organic molecules, aiding in the development of new pharmaceuticals and bioactive compounds. Its applications extend to the field of medicinal chemistry, where it is employed in the design and optimization of drug candidates, contributing to advancements in the treatment of various diseases.