This chemical is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active compounds, particularly those targeting therapeutic applications. Its structure is often exploited in the design and synthesis of molecules with potential anti-inflammatory, antimicrobial, or anticancer properties. Researchers also explore its utility in creating novel heterocyclic compounds, which are valuable in drug discovery and development processes. Additionally, it may be used in the study of enzyme inhibition or as a building block for more complex chemical entities in medicinal chemistry.