This chemical is primarily utilized in the field of medicinal chemistry as a key intermediate for the synthesis of various pharmaceutical compounds. Its unique structure makes it valuable in the development of drugs targeting specific biological pathways, particularly in the creation of inhibitors for enzymes or receptors involved in diseases. It is also employed in the research and development of novel therapeutic agents, especially in the areas of oncology and infectious diseases, due to its potential to enhance drug efficacy and selectivity. Additionally, it finds application in organic synthesis for constructing complex heterocyclic frameworks, which are essential in the design of bioactive molecules.