This chemical is primarily utilized in the field of medicinal chemistry, where it serves as a key intermediate in the synthesis of various pharmaceutical compounds. Its unique structure makes it valuable in the development of drugs targeting specific biological pathways, particularly those related to inflammation and immune response. Researchers have explored its potential in creating novel therapeutic agents that can modulate enzyme activity or receptor interactions, offering promising avenues for treating chronic diseases, including potential applications in pain management. The compound's versatility and reactivity make it a valuable tool in drug discovery.