This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting specific enzymes or receptors. Its structural features make it valuable for designing and creating new drugs, especially in the development of inhibitors or modulators for therapeutic applications. Additionally, it finds use in organic synthesis for constructing complex heterocyclic compounds, which are often explored for their potential in medicinal chemistry. Its applications extend to the study of biochemical pathways and the investigation of novel drug candidates for treating diseases.