This chemical is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active compounds, particularly those targeting specific enzymes or receptors in the body. Its structure is often incorporated into molecules designed for therapeutic applications, such as anti-inflammatory, antiviral, or anticancer agents. Additionally, it is explored in the creation of novel drugs due to its potential to interact with biological pathways effectively. Researchers also study its derivatives for their potential in treating neurological disorders and other complex diseases.