This chemical is primarily utilized in the synthesis of various pharmaceutical compounds. It serves as a key intermediate in the development of drugs targeting specific biological pathways, particularly in the creation of inhibitors for enzymes or receptors. Its structure is advantageous in medicinal chemistry for designing molecules with enhanced binding affinity and selectivity. Additionally, it is employed in organic synthesis to construct complex heterocyclic frameworks, which are often found in active pharmaceutical ingredients. Its role in research and development is crucial for advancing new therapeutic agents and optimizing drug candidates.