Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its structure is particularly valuable in the development of potential therapeutic agents, including those targeting neurological disorders. Researchers utilize it to explore modifications that enhance drug efficacy and selectivity. Additionally, it plays a role in the study of enzyme inhibitors, contributing to advancements in medicinal chemistry. Its applications are largely confined to laboratory settings, focusing on drug discovery and development processes.