Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the development of drugs targeting inflammatory and immune-related conditions. Additionally, it plays a role in creating compounds with potential applications in treating cardiovascular diseases. The chemical's unique properties make it suitable for modifying drug candidates to enhance their efficacy and bioavailability. It is also explored in the field of organic synthesis for constructing complex heterocyclic frameworks.