This chemical is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various biologically active compounds. It serves as a building block for the development of pharmaceutical agents, particularly those targeting neurological and inflammatory disorders. Its structure is often incorporated into molecules designed to modulate specific enzymes or receptors, making it valuable in drug discovery and development processes. Additionally, it has been explored in the creation of novel therapeutic candidates due to its potential to enhance drug efficacy and selectivity.