Used in the synthesis of pharmaceuticals, particularly in the development of drugs targeting metabolic disorders and inflammatory conditions. It serves as a key intermediate in the production of compounds with potential antioxidant properties, aiding in the prevention of oxidative stress-related diseases. Additionally, it is utilized in research for creating novel therapeutic agents due to its unique chemical structure, which allows for effective binding to biological targets. Its applications extend to the field of biochemistry, where it is employed in the study of enzyme inhibition and modulation of biochemical pathways.